According to the Bank of Russia, during the third quarter of 2009, the volume of private bank cards issued has been reduced by 19,300 pieces – up to 121.359 million cards (as of October 1).
As Ilya Ryabiy, Head of Russian office of MasterCard Europe, said, that such decrease was caused by proceeding idle cards clarification of portfolios of those banks, which were actively engaged in consumer crediting. “Two processes – increasing volumes of issue and clarification – go hand in hand. As a rule, intensity of the first above, – Ilya Ryabiy noted. – We can say about card portfolios improvement”.
RIA Novosti
