The Monetary Authority of Macao released today the credit card statistics for the second quarter of 2013.

The total number of personal credit cards in circulation was 693,485 at the end of June 2013, equivalent to an increase of 3.7% over a quarter earlier. The numbers of Pataca (MOP) cards, Hong Kong Dollar (HKD) cards and Renminbi (RMB) cards were 498,078, 74,153 and 121,254 respectively. MOP cards, HKD cards and RMB cards witnessed respective growth of 2.9%, 2.3% and 7.7% quarter-to-quarter. Compared with a year ago, MOP cards and HKD cards rose 13.2% and 8.6% respectively, while RMB cards registered an upsurge of 34.0% mainly driven by a marked 35.2% growth of MOP/RMB dual-currency cards.

As at end-June 2013, credit card credit limit granted by banks in Macao reached MOP12.3 billion, up 7.9% from end-March 2013. Credit card receivables amounted to MOP1.6 billion while the rollover amount totalled MOP519.9 million, accounting for 32.2% of credit card receivables. The delinquency ratio, i.e. the ratio of delinquent amount overdue for more than three months to credit card receivables, edged down slightly to 0.64%.

For the second quarter of 2013, the credit card turnover grew 2.6% quarter-to-quarter to MOP3.3 billion. The cash advance turnover was MOP160.9 million, accounting for 4.9% of total credit card turnover. Credit card repayments, in which payments for interest and fees are included, went down 9.0% from the previous quarter to MOP3.2 billion.

For enquiry, please contact:

Research and Statistics Department

Monetary Authority of Macao

(Tel：8395 2532　Fax：2835 3042)