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Wednesday, 26 September 2012 - 13:11
Active credit cards surge over 50,000 by end - July
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The total active credit cards within Sri Lanka according to provisional figures from the Central Bank of Sri Lanka increased by 55 thousand 864 between December 2011 and July of this year.

Currently, a total of 918 thousand 216 credit cards are active in Sri Lanka, of which, 60 thousand 766 are only accepted locally, whilst a further 857 thousand 750 are accepted globally.

The total outstanding balance on active credit cards in Sri Lanka, as at July 31st was recorded at 40.5 billion rupees.

According to analysts, the number of credit cards in circulation may reach one million mark by the first quarter of 2013.

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