00:11, 12 November 2008 Page views 274 views

Tinkoff.Credit Systems Curtails Issue of Cards

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According to Oleg Tinkov, a co-owner of Tinkoff. Credit SystemsBank (ТCS Bank), specializing in emission of credit cards, in near future the bank might reduce or even freeze issue of cards. In the conditions of a financial crisis, which makes it impossible to attract investors, the bank is compelled to concentrate its efforts on its liquidity and portfolio management.

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