1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Commercial Card Revenue 1.4 Market Analysis by Type 1.4.1 Global Commercial Card Market Size Growth Rate by Type: 2020 VS 2026 1.4.2 Corporate Cards 1.4.3 Purchase Cards 1.4.4 Business Cards 1.4.5 Travel and Entertainment Cards 1.4.6 Other 1.5 Market by Application 1.5.1 Global Commercial Card Market Share by Application: 2020 VS 2026 1.5.2 Small business card 1.5.3 Corporate card 1.6 Coronavirus Disease 2019 (Covid-19): Commercial Card Industry Impact 1.6.1 How the Covid-19 is Affecting the Commercial Card Industry 1.6.1.1 Commercial Card Business Impact Assessment - Covid-19 1.6.1.2 Supply Chain Challenges 1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products 1.6.2 Market Trends and Commercial Card Potential Opportunities in the COVID-19 Landscape 1.6.3 Measures / Proposal against Covid-19 1.6.3.1 Government Measures to Combat Covid-19 Impact 1.6.3.2 Proposal for Commercial Card Players to Combat Covid-19 Impact 1.7 Study Objectives 1.8 Years Considered 2 Global Growth Trends by Regions 2.1 Commercial Card Market Perspective (2015-2026) 2.2 Commercial Card Growth Trends by Regions 2.2.1 Commercial Card Market Size by Regions: 2015 VS 2020 VS 2026 2.2.2 Commercial Card Historic Market Share by Regions (2015-2020) 2.2.3 Commercial Card Forecasted Market Size by Regions (2021-2026) 2.3 Industry Trends and Growth Strategy 2.3.1 Market Top Trends 2.3.2 Market Drivers 2.3.3 Market Challenges 2.3.4 Porter’s Five Forces Analysis 2.3.5 Commercial Card Market Growth Strategy 2.3.6 Primary Interviews with Key Commercial Card Players (Opinion Leaders) 3 Competition Landscape by Key Players 3.1 Global Top Commercial Card Players by Market Size 3.1.1 Global Top Commercial Card Players by Revenue (2015-2020) 3.1.2 Global Commercial Card Revenue Market Share by Players (2015-2020) 3.1.3 Global Commercial Card Market Share by Company Type (Tier 1, Tier 2 and Tier 3) 3.2 Global Commercial Card Market Concentration Ratio 3.2.1 Global Commercial Card Market Concentration Ratio (CR5 and HHI) 3.2.2 Global Top 10 and Top 5 Companies by Commercial Card Revenue in 2019 3.3 Commercial Card Key Players Head office and Area Served 3.4 Key Players Commercial Card Product Solution and Service 3.5 Date of Enter into Commercial Card Market 3.6 Mergers & Acquisitions, Expansion Plans 4 Breakdown Data by Type (2015-2026) 4.1 Global Commercial Card Historic Market Size by Type (2015-2020) 4.2 Global Commercial Card Forecasted Market Size by Type (2021-2026) 5 Commercial Card Breakdown Data by Application (2015-2026) 5.1 Global Commercial Card Market Size by Application (2015-2020) 5.2 Global Commercial Card Forecasted Market Size by Application (2021-2026) 6 North America 6.1 North America Commercial Card Market Size (2015-2020) 6.2 Commercial Card Key Players in North America (2019-2020) 6.3 North America Commercial Card Market Size by Type (2015-2020) 6.4 North America Commercial Card Market Size by Application (2015-2020) 7 Europe 7.1 Europe Commercial Card Market Size (2015-2020) 7.2 Commercial Card Key Players in Europe (2019-2020) 7.3 Europe Commercial Card Market Size by Type (2015-2020) 7.4 Europe Commercial Card Market Size by Application (2015-2020) 8 China 8.1 China Commercial Card Market Size (2015-2020) 8.2 Commercial Card Key Players in China (2019-2020) 8.3 China Commercial Card Market Size by Type (2015-2020) 8.4 China Commercial Card Market Size by Application (2015-2020) 9 Japan 9.1 Japan Commercial Card Market Size (2015-2020) 9.2 Commercial Card Key Players in Japan (2019-2020) 9.3 Japan Commercial Card Market Size by Type (2015-2020) 9.4 Japan Commercial Card Market Size by Application (2015-2020) 10 Southeast Asia 10.1 Southeast Asia Commercial Card Market Size (2015-2020) 10.2 Commercial Card Key Players in Southeast Asia (2019-2020) 10.3 Southeast Asia Commercial Card Market Size by Type (2015-2020) 10.4 Southeast Asia Commercial Card Market Size by Application (2015-2020) 11 India 11.1 India Commercial Card Market Size (2015-2020) 11.2 Commercial Card Key Players in India (2019-2020) 11.3 India Commercial Card Market Size by Type (2015-2020) 11.4 India Commercial Card Market Size by Application (2015-2020) 12 Central & South America 12.1 Central & South America Commercial Card Market Size (2015-2020) 12.2 Commercial Card Key Players in Central & South America (2019-2020) 12.3 Central & South America Commercial Card Market Size by Type (2015-2020) 12.4 Central & South America Commercial Card Market Size by Application (2015-2020) 13Key Players Profiles 13.1 Citigroup Inc. 13.1.1 Citigroup Inc. Company Details 13.1.2 Citigroup Inc. Business Overview and Its Total Revenue 13.1.3 Citigroup Inc. Commercial Card Introduction 13.1.4 Citigroup Inc. Revenue in Commercial Card Business (2015-2020)) 13.1.5 Citigroup Inc. Recent Development 13.2 JPMorgan Chase& Co. 13.2.1 JPMorgan Chase& Co. Company Details 13.2.2 JPMorgan Chase& Co. Business Overview and Its Total Revenue 13.2.3 JPMorgan Chase& Co. Commercial Card Introduction 13.2.4 JPMorgan Chase& Co. Revenue in Commercial Card Business (2015-2020) 13.2.5 JPMorgan Chase& Co. Recent Development 13.3 Capital One Financial Corporation 13.3.1 Capital One Financial Corporation Company Details 13.3.2 Capital One Financial Corporation Business Overview and Its Total Revenue 13.3.3 Capital One Financial Corporation Commercial Card Introduction 13.3.4 Capital One Financial Corporation Revenue in Commercial Card Business (2015-2020) 13.3.5 Capital One Financial Corporation Recent Development 13.4 Bank of America Corporation 13.4.1 Bank of America Corporation Company Details 13.4.2 Bank of America Corporation Business Overview and Its Total Revenue 13.4.3 Bank of America Corporation Commercial Card Introduction 13.4.4 Bank of America Corporation Revenue in Commercial Card Business (2015-2020) 13.4.5 Bank of America Corporation Recent Development 13.5 Discover Financial Services 13.5.1 Discover Financial Services Company Details 13.5.2 Discover Financial Services Business Overview and Its Total Revenue 13.5.3 Discover Financial Services Commercial Card Introduction 13.5.4 Discover Financial Services Revenue in Commercial Card Business (2015-2020) 13.5.5 Discover Financial Services Recent Development 13.6 Synchrony Financial 13.6.1 Synchrony Financial Company Details 13.6.2 Synchrony Financial Business Overview and Its Total Revenue 13.6.3 Synchrony Financial Commercial Card Introduction 13.6.4 Synchrony Financial Revenue in Commercial Card Business (2015-2020) 13.6.5 Synchrony Financial Recent Development 13.7 American Ecpress Company 13.7.1 American Ecpress Company Company Details 13.7.2 American Ecpress Company Business Overview and Its Total Revenue 13.7.3 American Ecpress Company Commercial Card Introduction 13.7.4 American Ecpress Company Revenue in Commercial Card Business (2015-2020) 13.7.5 American Ecpress Company Recent Development 13.8 Wells Fargo& Company 13.8.1 Wells Fargo& Company Company Details 13.8.2 Wells Fargo& Company Business Overview and Its Total Revenue 13.8.3 Wells Fargo& Company Commercial Card Introduction 13.8.4 Wells Fargo& Company Revenue in Commercial Card Business (2015-2020) 13.8.5 Wells Fargo& Company Recent Development 13.9 Barclays Plc 13.9.1 Barclays Plc Company Details 13.9.2 Barclays Plc Business Overview and Its Total Revenue 13.9.3 Barclays Plc Commercial Card Introduction 13.9.4 Barclays Plc Revenue in Commercial Card Business (2015-2020) 13.9.5 Barclays Plc Recent Development 13.10 U.S. Bancorp 13.10.1 U.S. Bancorp Company Details 13.10.2 U.S. Bancorp Business Overview and Its Total Revenue 13.10.3 U.S. Bancorp Commercial Card Introduction 13.10.4 U.S. Bancorp Revenue in Commercial Card Business (2015-2020) 13.10.5 U.S. Bancorp Recent Development 13.11 MUFG 10.11.1 MUFG Company Details 10.11.2 MUFG Business Overview and Its Total Revenue 10.11.3 MUFG Commercial Card Introduction 10.11.4 MUFG Revenue in Commercial Card Business (2015-2020) 10.11.5 MUFG Recent Development 13.12 SMBC 10.12.1 SMBC Company Details 10.12.2 SMBC Business Overview and Its Total Revenue 10.12.3 SMBC Commercial Card Introduction 10.12.4 SMBC Revenue in Commercial Card Business (2015-2020) 10.12.5 SMBC Recent Development 13.13 Mizuho 10.13.1 Mizuho Company Details 10.13.2 Mizuho Business Overview and Its Total Revenue 10.13.3 Mizuho Commercial Card Introduction 10.13.4 Mizuho Revenue in Commercial Card Business (2015-2020) 10.13.5 Mizuho Recent Development 13.14 Resona Bank 10.14.1 Resona Bank Company Details 10.14.2 Resona Bank Business Overview and Its Total Revenue 10.14.3 Resona Bank Commercial Card Introduction 10.14.4 Resona Bank Revenue in Commercial Card Business (2015-2020) 10.14.5 Resona Bank Recent Development 13.15 SBI Holdings 10.15.1 SBI Holdings Company Details 10.15.2 SBI Holdings Business Overview and Its Total Revenue 10.15.3 SBI Holdings Commercial Card Introduction 10.15.4 SBI Holdings Revenue in Commercial Card Business (2015-2020) 10.15.5 SBI Holdings Recent Development 14Analyst's Viewpoints/Conclusions 15Appendix 15.1 Research Methodology 15.1.1 Methodology/Research Approach 15.1.2 Data Source 15.2 Disclaimer 15.3 Author Details

List of Tables Table 1. Commercial Card Key Market Segments Table 2. Key Players Covered: Ranking by Commercial Card Revenue Table 3. Ranking of Global Top Commercial Card Manufacturers by Revenue (US$ Million) in 2019 Table 4. Global Commercial Card Market Size Growth Rate by Type (US$ Million): 2020 VS 2026 Table 5. Key Players of Corporate Cards Table 6. Key Players of Purchase Cards Table 7. Key Players of Business Cards Table 8. Key Players of Travel and Entertainment Cards Table 9. Key Players of Other Table 10. COVID-19 Impact Global Market: (Four Commercial Card Market Size Forecast Scenarios) Table 11. Opportunities and Trends for Commercial Card Players in the COVID-19 Landscape Table 12. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis Table 13. Key Regions/Countries Measures against Covid-19 Impact Table 14. Proposal for Commercial Card Players to Combat Covid-19 Impact Table 15. Global Commercial Card Market Size Growth by Application (US$ Million): 2020 VS 2026 Table 16. Global Commercial Card Market Size by Regions (US$ Million): 2020 VS 2026 Table 17. Global Commercial Card Market Size by Regions (2015-2020) (US$ Million) Table 18. Global Commercial Card Market Share by Regions (2015-2020) Table 19. Global Commercial Card Forecasted Market Size by Regions (2021-2026) (US$ Million) Table 20. Global Commercial Card Market Share by Regions (2021-2026) Table 21. Market Top Trends Table 22. Key Drivers: Impact Analysis Table 23. Key Challenges Table 24. Commercial Card Market Growth Strategy Table 25. Main Points Interviewed from Key Commercial Card Players Table 26. Global Commercial Card Revenue by Players (2015-2020) (Million US$) Table 27. Global Commercial Card Market Share by Players (2015-2020) Table 28. Global Top Commercial Card Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Commercial Card as of 2019) Table 29. Global Commercial Card by Players Market Concentration Ratio (CR5 and HHI) Table 30. Key Players Headquarters and Area Served Table 31. Key Players Commercial Card Product Solution and Service Table 32. Date of Enter into Commercial Card Market Table 33. Mergers & Acquisitions, Expansion Plans Table 34. Global Commercial Card Market Size by Type (2015-2020) (Million US$) Table 35. Global Commercial Card Market Size Share by Type (2015-2020) Table 36. Global Commercial Card Revenue Market Share by Type (2021-2026) Table 37. Global Commercial Card Market Size Share by Application (2015-2020) Table 38. Global Commercial Card Market Size by Application (2015-2020) (Million US$) Table 39. Global Commercial Card Market Size Share by Application (2021-2026) Table 40. North America Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 41. North America Key Players Commercial Card Market Share (2019-2020) Table 42. North America Commercial Card Market Size by Type (2015-2020) (Million US$) Table 43. North America Commercial Card Market Share by Type (2015-2020) Table 44. North America Commercial Card Market Size by Application (2015-2020) (Million US$) Table 45. North America Commercial Card Market Share by Application (2015-2020) Table 46. Europe Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 47. Europe Key Players Commercial Card Market Share (2019-2020) Table 48. Europe Commercial Card Market Size by Type (2015-2020) (Million US$) Table 49. Europe Commercial Card Market Share by Type (2015-2020) Table 50. Europe Commercial Card Market Size by Application (2015-2020) (Million US$) Table 51. Europe Commercial Card Market Share by Application (2015-2020) Table 52. China Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 53. China Key Players Commercial Card Market Share (2019-2020) Table 54. China Commercial Card Market Size by Type (2015-2020) (Million US$) Table 55. China Commercial Card Market Share by Type (2015-2020) Table 56. China Commercial Card Market Size by Application (2015-2020) (Million US$) Table 57. China Commercial Card Market Share by Application (2015-2020) Table 58. Japan Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 59. Japan Key Players Commercial Card Market Share (2019-2020) Table 60. Japan Commercial Card Market Size by Type (2015-2020) (Million US$) Table 61. Japan Commercial Card Market Share by Type (2015-2020) Table 62. Japan Commercial Card Market Size by Application (2015-2020) (Million US$) Table 63. Japan Commercial Card Market Share by Application (2015-2020) Table 64. Southeast Asia Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 65. Southeast Asia Key Players Commercial Card Market Share (2019-2020) Table 66. Southeast Asia Commercial Card Market Size by Type (2015-2020) (Million US$) Table 67. Southeast Asia Commercial Card Market Share by Type (2015-2020) Table 68. Southeast Asia Commercial Card Market Size by Application (2015-2020) (Million US$) Table 69. Southeast Asia Commercial Card Market Share by Application (2015-2020) Table 70. India Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 71. India Key Players Commercial Card Market Share (2019-2020) Table 72. India Commercial Card Market Size by Type (2015-2020) (Million US$) Table 73. India Commercial Card Market Share by Type (2015-2020) Table 74. India Commercial Card Market Size by Application (2015-2020) (Million US$) Table 75. India Commercial Card Market Share by Application (2015-2020) Table 76. Central & South America Key Players Commercial Card Revenue (2019-2020) (Million US$) Table 77. Central & South America Key Players Commercial Card Market Share (2019-2020) Table 78. Central & South America Commercial Card Market Size by Type (2015-2020) (Million US$) Table 79. Central & South America Commercial Card Market Share by Type (2015-2020) Table 80. Central & South America Commercial Card Market Size by Application (2015-2020) (Million US$) Table 81. Central & South America Commercial Card Market Share by Application (2015-2020) Table 82. Citigroup Inc. Company Details Table 83. Citigroup Inc. Business Overview Table 84. Citigroup Inc. Product Table 85. Citigroup Inc. Revenue in Commercial Card Business (2015-2020) (Million US$) Table 86. Citigroup Inc. Recent Development Table 87. JPMorgan Chase& Co. Company Details Table 88. JPMorgan Chase& Co. Business Overview Table 89. JPMorgan Chase& Co. Product Table 90. JPMorgan Chase& Co. Revenue in Commercial Card Business (2015-2020) (Million US$) Table 91. JPMorgan Chase& Co. Recent Development Table 92. Capital One Financial Corporation Company Details Table 93. Capital One Financial Corporation Business Overview Table 94. Capital One Financial Corporation Product Table 95. Capital One Financial Corporation Revenue in Commercial Card Business (2015-2020) (Million US$) Table 96. Capital One Financial Corporation Recent Development Table 97. Bank of America Corporation Company Details Table 98. Bank of America Corporation Business Overview Table 99. Bank of America Corporation Product Table 100. Bank of America Corporation Revenue in Commercial Card Business (2015-2020) (Million US$) Table 101. Bank of America Corporation Recent Development Table 102. Discover Financial Services Company Details Table 103. Discover Financial Services Business Overview Table 104. Discover Financial Services Product Table 105. Discover Financial Services Revenue in Commercial Card Business (2015-2020) (Million US$) Table 106. Discover Financial Services Recent Development Table 107. Synchrony Financial Company Details Table 108. Synchrony Financial Business Overview Table 109. Synchrony Financial Product Table 110. Synchrony Financial Revenue in Commercial Card Business (2015-2020) (Million US$) Table 111. Synchrony Financial Recent Development Table 112. American Ecpress Company Company Details Table 113. American Ecpress Company Business Overview Table 114. American Ecpress Company Product Table 115. American Ecpress Company Revenue in Commercial Card Business (2015-2020) (Million US$) Table 116. American Ecpress Company Recent Development Table 117. Wells Fargo& Company Business Overview Table 118. Wells Fargo& Company Product Table 119. Wells Fargo& Company Company Details Table 120. Wells Fargo& Company Revenue in Commercial Card Business (2015-2020) (Million US$) Table 121. Wells Fargo& Company Recent Development Table 122. Barclays Plc Company Details Table 123. Barclays Plc Business Overview Table 124. Barclays Plc Product Table 125. Barclays Plc Revenue in Commercial Card Business (2015-2020) (Million US$) Table 126. Barclays Plc Recent Development Table 127. U.S. Bancorp Company Details Table 128. U.S. Bancorp Business Overview Table 129. U.S. Bancorp Product Table 130. U.S. Bancorp Revenue in Commercial Card Business (2015-2020) (Million US$) Table 131. U.S. Bancorp Recent Development Table 132. MUFG Company Details Table 133. MUFG Business Overview Table 134. MUFG Product Table 135. MUFG Revenue in Commercial Card Business (2015-2020) (Million US$) Table 136. MUFG Recent Development Table 137. SMBC Company Details Table 138. SMBC Business Overview Table 139. SMBC Product Table 140. SMBC Revenue in Commercial Card Business (2015-2020) (Million US$) Table 141. SMBC Recent Development Table 142. Mizuho Company Details Table 143. Mizuho Business Overview Table 144. Mizuho Product Table 145. Mizuho Revenue in Commercial Card Business (2015-2020) (Million US$) Table 146. Mizuho Recent Development Table 147. Resona Bank Company Details Table 148. Resona Bank Business Overview Table 149. Resona Bank Product Table 150. Resona Bank Revenue in Commercial Card Business (2015-2020) (Million US$) Table 151. Resona Bank Recent Development Table 152. SBI Holdings Company Details Table 153. SBI Holdings Business Overview Table 154. SBI Holdings Product Table 155. SBI Holdings Revenue in Commercial Card Business (2015-2020) (Million US$) Table 156. SBI Holdings Recent Development Table 157. Research Programs/Design for This Report Table 158. Key Data Information from Secondary Sources Table 159. Key Data Information from Primary Sources List of Figures Figure 1. Global Commercial Card Market Share by Type: 2020 VS 2026 Figure 2. Corporate Cards Features Figure 3. Purchase Cards Features Figure 4. Business Cards Features Figure 5. Travel and Entertainment Cards Features Figure 6. Other Features Figure 7. Global Commercial Card Market Share by Application: 2020 VS 2026 Figure 8. Small business card Case Studies Figure 9. Corporate card Case Studies Figure 10. Commercial Card Report Years Considered Figure 11. Global Commercial Card Market Size YoY Growth 2015-2026 (US$ Million) Figure 12. Global Commercial Card Market Share by Regions: 2020 VS 2026 Figure 13. Global Commercial Card Market Share by Regions (2021-2026) Figure 14. Porter's Five Forces Analysis Figure 15. Global Commercial Card Market Share by Players in 2019 Figure 16. Global Top Commercial Card Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Commercial Card as of 2019 Figure 17. The Top 10 and 5 Players Market Share by Commercial Card Revenue in 2019 Figure 18. North America Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 19. Europe Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 20. China Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 21. Japan Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 22. Southeast Asia Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 23. India Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 24. Central & South America Commercial Card Market Size YoY Growth (2015-2020) (Million US$) Figure 25. Citigroup Inc. Total Revenue (US$ Million): 2019 Compared with 2018 Figure 26. Citigroup Inc. Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 27. JPMorgan Chase& Co. Total Revenue (US$ Million): 2019 Compared with 2018 Figure 28. JPMorgan Chase& Co. Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 29. Capital One Financial Corporation Total Revenue (US$ Million): 2019 Compared with 2018 Figure 30. Capital One Financial Corporation Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 31. Bank of America Corporation Total Revenue (US$ Million): 2019 Compared with 2018 Figure 32. Bank of America Corporation Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 33. Discover Financial Services Total Revenue (US$ Million): 2019 Compared with 2018 Figure 34. Discover Financial Services Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 35. Synchrony Financial Total Revenue (US$ Million): 2019 Compared with 2018 Figure 36. Synchrony Financial Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 37. American Ecpress Company Total Revenue (US$ Million): 2019 Compared with 2018 Figure 38. American Ecpress Company Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 39. Wells Fargo& Company Total Revenue (US$ Million): 2019 Compared with 2018 Figure 40. Wells Fargo& Company Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 41. Barclays Plc Total Revenue (US$ Million): 2019 Compared with 2018 Figure 42. Barclays Plc Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 43. U.S. Bancorp Total Revenue (US$ Million): 2019 Compared with 2018 Figure 44. U.S. Bancorp Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 45. MUFG Total Revenue (US$ Million): 2019 Compared with 2018 Figure 46. MUFG Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 47. SMBC Total Revenue (US$ Million): 2019 Compared with 2018 Figure 48. SMBC Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 49. Mizuho Total Revenue (US$ Million): 2019 Compared with 2018 Figure 50. Mizuho Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 51. Resona Bank Total Revenue (US$ Million): 2019 Compared with 2018 Figure 52. Resona Bank Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 53. SBI Holdings Total Revenue (US$ Million): 2019 Compared with 2018 Figure 54. SBI Holdings Revenue Growth Rate in Commercial Card Business (2015-2020) Figure 55. Bottom-up and Top-down Approaches for This Report Figure 56. Data Triangulation Figure 57. Key Executives Interviewed

Citigroup Inc. JPMorgan Chase& Co. Capital One Financial Corporation Bank of America Corporation Discover Financial Services Synchrony Financial American Ecpress Company Wells Fargo& Company Barclays Plc U.S. Bancorp MUFG SMBC Mizuho Resona Bank SBI Holdings