招商银行副行长彭家文：信用卡收入拖累手续费收入

Core Viewpoint - The overall fee and commission income of the bank is under pressure, primarily due to a decline in credit card revenue, which has seen a significant drop in transaction volume and income [1]. Group 1: Credit Card Business - The transaction volume of the bank's credit cards exceeded 2 trillion, but this represents an 8.3% decrease compared to last year [1]. - Despite the decline in transaction volume, the market share of credit card transactions increased by 0.3 percentage points [1]. - Credit card income experienced a negative growth of 16%, attributed to a decrease in average spending per customer and per transaction, even as the number of credit card customers increased [1]. Group 2: Wealth Management - The bank's wealth management income has achieved positive growth for the first time in three years, with an increase of over 11% [2]. - Revenue from the sale of wealth management products, including trusts and funds, has grown rapidly, becoming a highlight of the bank's fee and commission income in the first half of the year [2].