Irkutsk
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Yakutsk

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Vladivostok
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Petropavlovsk-
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Moscow

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Demand for credit cards is recovering in Russia

Demand for credit cards is recovering in Russia
Photo: pixabay.ru
Among Russians, demand for credit cards began to rise again. After the April recession in May, banks issued 17% more credit cards, and their total limit grew by 12% and reached 22,8 billion rubles.

According to the United Credit Bureau, credit card issuance is still lower than March by 59%. During the crisis, this segment shrank more than cash loans. 

Banks see increased risks in this segment of lending and reduce not only the number of cards issued, but also the available limits. On average, they now make up 68 thousand rubles in the country.
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