Bank credit card penetration reached 31.8% in 2017 in Malaysia, according to the National Central Bank. This is 6.26% more than in the previous year.
Historically, bank credit card penetration in Malaysia reached an all time high of 39.6% in 2008 and an all time low of 26.9% in 2014.
Malaysia has been ranked 14th within the group of 34 countries we follow in terms of bank credit card penetration.
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