Number of credit card in circulation in Malaysia

2001 3.84 mil
2006 June 8.4 mil among 26 million population

This is a very huge growth of 54% due to heavy promotion by the banks and our own consumer spending habit (In essence having 2 months pay since the credit debt only needs to be repaid by the next month) . In KL the GDP per cap is about 2 times the national average.