Tinkoff Bank Research: Credit Card Market Reaches RUB 1.197 tn in 2Q 2018
(World News Russia)

Moscow, Russia - 15 August 2018. Today, Tinkoff Bank has published the findings of its research of the Russian credit card market in 1H 2018. The research is based on the data of the Central Bank of Russia (CBR) and takes into account undue debt (demand loans and overdrafts to individuals) only. Market size and performance In 1H 2018, the Russian credit card market hit a new all-time high, totalling RUB 1.197 tn as at 1 July 2018. The 1H 2018 growth totalled RUB 75.2 bn. According to the research, in 2Q 2018, the Russian credit card market gained RUB 40.2 bn, or 76%,...