Sri Lanka’s credit card base recorded a modest expansion in February, with active cards rising 1.3% to 2,193,380 from 2,166,186 in December 2025, according to latest data. Growth was driven by globally accepted cards, which increased 1.3% to 2,184,600, while locally accepted cards declined 1.5% to 8,780. Outstanding balances edged up 0.5% to Rs. 190.65 billion. Globally accepted card balances rose 0.6%, while local card balances saw marginal growth. The trend indicates steady consumer demand for credit, with no significant surge in leverage, reflecting a stable retail credit environment.