Credit Card Market in Peru - Overview 2019 Q3


The Credit Card market in Peru reached USD 8.048 million in 2019Q3 (28.421 million NS, +11.6% annual change) and will reach USD 10.700 million by the end of 2022 according to the most likely projected scenariogrowing at a CAGR of 8.1% during 2011-2022f.

In Peru there are 8.7 million credit cards in circulation (2019Q3) granted by 14 different issuing banks and financial companies, which represents a penetration rate of 38% among the country´s 23.2 million adult population. 

BCP, INTERBANK, SCOTIABANK, BANCO FALABELLA and BBVA are the largest card issuers, accounting for 85.3% on the credit card loan portfolio volume. 

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

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

Peru Credit Card Outstandings, Annual performance, USD millions

Peru Credit Card Outstandings, Annual performance, USD millions 

Peru Credit Card Outstandings, Annual change in market share, (Banks)

 Peru Credit Card Outstandings, Annual change in market share, (Banks)

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