synchrony financial maintains neutral rating as credit card issuance grows

Synchrony Financial, a major player in the credit card issuance and marketing sector, has been given a neutral rating by UBS.

The company has had a successful year in 2023, issuing over 35 million credit cards and demonstrating its strong market presence.

Alongside card issuance, Synchrony Financial has processed more than 710 million payments, including both paper and electronic transactions, showcasing its extensive payment processing capabilities.

Additionally, the company has submitted over 765 million credit card statements, highlighting its operational scale.

In addition to its core activities, Synchrony is also involved in consumer credit and healthcare services, expanding its offerings in the financial services industry.

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