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03-08-10
Citibank: spending by Russian tourists is back to the pre-crisis level

According to the Citibank Russian cardholders reached pre-crisis level of spending abroad. The economy was limited by 2009.

In 2009 Russian middle class famous for its generosity abroad reduced both number of travels abroad and amount of money spent outside the RF.

Though according to the forecast made by Citibank in 2010 the share of payments made by its clients abroad will grow up to 18.8% of the total volume of card payments. In 2009 thisindexdroppedfrom 19.4% to 17%. Inagood 2007 itwas 17.5%.

In the course of the research the bank analyzed the monthly data January 2007 till June 2010. Each sampling of the month included at least 200 thousand respondents from the cities with the population more than 1 mln people.

 Reuters

Яндекс.Метрика