In Guatemala there are less than 1.3 million debtors with bank loans, which represents a penetration rate of less than 13% among the country´s 9.9 million adult population.
Spending through credit cards continued to increase in the twelve months. It rose 22,9% to USD 1573 million in 2019Q3 from USD 1279 million in 2018Q3.
Promerica, BAC and Banrural remains the largest issuers, accounting for more than 66% on the credit card loan portfolio volume.
TOP 10 Credit Card Issuers (2019Q3 overview)
Annual performance, Credit Card outstandings, USD millions
Annual change in market share, Credit Card outstandings