Honduras: Fewer Credit Cards in the Market

At the end of May of this year, the country reported just over 805,000 cards in circulation, 2% less than was reported in the same month in 2017.

Tuesday, August 7, 2018

The decrease recorded in the fifth month of this year is due to the behavior of the number of cards circulating in the market of Banco Financiera Comercial Hondureña market, since the units corresponding to this financial entity fell from 235,008 in May 2017 to 207,636 reported in the same month in 2018.

When reviewing the global figures of the issuers during the first five months of this year, they show that for that period there was also a fall in the number of cards circulating in the market.  According to figures from the National Commission of Banks and Insurance, the amount went from 819,550 at the end of 2017 to 805,221 at the end of May 2018. 

In relation to the cards that circulate according to the amount granted by banks, data at the end of May shows that of the total that are in circulation 58% are cards that have credit limits in the range of $212 to $1,700.

See complete statistics. (In Spanish)

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