银行信用卡业务拐点已至

Group 1 - The core viewpoint is that commercial banks are actively closing credit card centers in various locations due to a shift from growth to a competitive market focused on existing customers [1][3][4] - As of April 30, 2024, nearly 30 banks have closed their credit card centers, with notable closures by Bank of Communications and Minsheng Bank [1][2] - The People's Bank of China reported a decline in the total number of credit cards and loans, with a total of 727 million cards by the end of 2024, a year-on-year decrease of 5.14% [1] Group 2 - The performance of credit card businesses in 2024 reflects a slowdown, with significant declines in card issuance, active card numbers, and consumer spending [2][3] - For instance, Postal Savings Bank reported a credit card consumption amount of 993.1 billion yuan, down approximately 12% year-on-year [2] - The shift in credit card business strategy is characterized by a move from centralized management to localized operations, aiming to provide comprehensive financial services tailored to local customers [3][4] Group 3 - The increasing pressure of non-performing loans in the credit card sector has prompted banks to focus on cost reduction and efficiency improvement [4][5] - Experts suggest that banks should adjust their credit card business strategies to offer differentiated products and services, targeting specific customer segments [4][5] - There is a call for banks to develop early warning models for risk management and enhance the disposal of non-performing credit card assets [5]