Top 10 Card Issuers in the World in 2021 by Transaction Value

China Construction Bank Corp, Agricultural Bank of China Ltd, Industrial and Commercial Bank of China Ltd, Postal Savings Bank of China Co Ltd, and Bank of China Ltd are the top 5 card issuers in the world in 2021 by transaction value. Comprehensively, the top 10 card issuers in the world in 2021 had a total transaction value of $16,390,514 million, whereas China Construction Bank Corp was the highest ($3,112,034 million), followed by Agricultural Bank of China Ltd ($2,559,448 million), and Industrial and Commercial Bank of China Ltd ($2,343,661 million), while the company Bank of America Corp was the lowest ($821,422 million). In total, they generated revenue of $1,262,632 million with an average revenue increase of 11.1%. The highest revenue increase was posted by Postal Savings Bank of China Co Ltd (19.0%), followed by China Merchants Bank Co Ltd (17.3%), while JPMorgan Chase & Co had a revenue decline of 2.1%. In terms of the geographical split, 7 out of 10 of the world's top card issuers are based in Asia, while 2 companies are based in North America, and the remaining companies are based in Europe. They employed a total of 2,706,920 people in 2021. The China-based China Construction Bank Corp is the leading card issuer in the world by transaction value in 2021. The company reported revenues of $200,763 million for the fiscal year ended December 2021 (FY2021) an increase of 6.9% over the previous year, due to an increase in net interest income, which was driven by the growth in loans and other operating income. The company is a provider of a range of commercial and personal banking, wealth management, and treasury management solutions. Its commercial and personal banking portfolio comprises deposit services, loans, and card products comprising demand deposits, term deposits, credit, and debit cards, loans for infrastructure, mortgage-backed loans, commercial and personal requirements, car, business needs, and house, and remittance and agency services. China Construction Bank employed a total of 351,252 people in 2021.