Bank credit card penetration reached 8.25% in 2016 in Philippines, according to the National Central Bank. This is 1.28% less than in the previous year.
Historically, bank credit card penetration in Philippines reached an all time high of 8.36% in 2015 and an all time low of 8.25% in 2016.
Philippines has been ranked 45th within the group of 49 countries we follow in terms of bank credit card penetration.
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