Credit card operations grew for the third consecutive month

Credit card operations grew for the third consecutive month

Regarding credit card operations in dollars, they registered a year-on-year increase of 108.3%; in relation to September, they increased 13.6%. “However, these values ​​are not significant based on all the operations of the item and in relation to the values ​​that they knew how to have in the past,” said the consultant.

At the same time, he pointed out that “the reopening of opportunities for tourism and work abroad will boost balances in the coming months, especially if the value of the card dollar is below the value of the dollar that consumers can access. “.

On the other hand, financing to businesses increased 9.1% last month, with a year-on-year improvement of 36%. Regarding the volumes operated, meanwhile, the share of credit cards (51.13%), debit (45.98%) and prepaid (2.9%) remained unchanged.

The report also detailed that it is “facing a recovery in real terms of financing to the private sector. This shows an economy that shows signs of reactivation.”

Source From: Ambito

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