Credit Card Debt Hits Rs. 175.7 Bn as Consumer Spending Rises 📈

• Overall Figures: Total outstanding credit card balances reached Rs. 175.71 Bn at end-2025, marking a significant 11.24% YoY increase (up by Rs. 17.75 Bn from Rs. 158 Bn in 2024). • Card Segments: • Globally accepted cards: Accounted for the majority of debt at Rs. 136.22 Bn, up from Rs. 123.11 Bn in 2024. • Locally accepted cards: Recorded Rs. 39.49 Bn in outstanding debt, compared to Rs. 34.85 Bn a year earlier. • Active Cards: The total number of active credit cards rose to 2,166,186 by end-December 2025 (up from 2.01 million). This growth was dominated by globally accepted cards, which totaled 2.15 million. • Key Trend: The data highlights a sustained reliance on card-based payments, signaling increased credit usage and consumption levels across the economy.