Credit Card Market in Honduras - 2019Q3 Overview


The Credit Card market in Honduras reached USD 1167 million in 2019Q3 (28.150 million Lempiras, +10.2% annual change) and will reach USD 1500 million by the end of 2022 according to the most likely projected scenariogrowing at a CAGR of 6.6% during 2011-2022f.

In Honduras there are 818.661 credit cards in circulation (2019Q3) granted by 11 different issuing banks, which represents a penetration rate of less than 14% among the country´s 5.9 million adult population. 

BAC Credomatic, FICOHSA, BANCO ATLANTIDA and PROMERICA remains the largest issuers, accounting for more than 80% on the credit card loan portfolio volume. 

 

Honduras: TOP 10 Credit Card Issuers by credit outstandings (2019Q3)

Honduras Credit Card Outstandings, Annual performance, USD millions

Honduras Credit Card Outstandings, Annual performance, USD millions

Honduras Credit Card Outstandings, Annual change in market share, (Lempiras and USD transactions)

Honduras Credit Card Outstandings, Annual performance, market share