European credit card performance bears up under recession threat
![Several credit cards pictured in Kingston, Ont., on March 15, 2016.](https://assets.euromoneydigital.com/dims4/default/8a5b56f/2147483647/strip/true/crop/4610x3073+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa5%2Fc0%2Fa8466249449e9ee83b8c00ae77ee%2Fftgwfm.jpg)
Asset quality set for mild deterioration but ‘canary in the coalmine’ payment rates robust
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