According to
Sberbank of Russia in the first half of the year the credit card debt of the
individuals increased almost twice, from 7.9 bln rubles to 15.2 bln rubles. The
number of issued cards also doubled in 6 months of 2010: it grew from 451
thousand to 949 thousand cards.
The results
demonstrated by Sberbank of Russia on the Russian credit cards market ensure
its being among top fife of this segment’s leaders. At the same time the volume
of the credit card debt of the traditional leaders of this market – Russian
Standard Bank and Home Credit and Finance bank – was reducing.
According
to the results of 2010 Sberbank of Russia is planning double its credit cards
portfolio again – up to 30 bln rubles. If the bank succeeds to fulfill these
plans it will take the second place in terms of credit cards portfolio volume,
giving the way only to Russian Standard Bank.
Kommersant
