Russian Cards Market H1 2015 Summary (80,00 руб.)

REVIEW CARTES 2015 Russian A Cards Market H1 2015 Summary ccording to the Bank of Russia during H1 2015 Russian banks have issued 234.1 million cards. <...> Growth for this period (since January1, 2015 – 227.7 million cards) amounted to about 6 mil lion cards. <...> The number of issuing and acquiring banks is still im pressive, although it is decreasing in the same process that of the whole number of the russian banks. <...> The whole number of banks decreased from 834 to 797 (37 banks less) in the period January – July 2015. <...> Number of cards transactions grew to 5.62 billion. <...> And the volume of transactions, including cash withdrawals, increased to 14.88 trillion rubles compared to the same period last year by 7% (13.8 trillion rubles for H1 201). <...> Banks need to cut their costs,so they de crease their ATM stuff. <...> The Russian market is tradition ally dominated by the internation al payment systems with more than 90% of market share. <...> TYPES OF CARDS ISSUED BY RUSSIAN BANKS the share of «active» cards of in ternational payment systems is rather low — only 52%, whereas of the Russian payment sys tems — 85%. <...> Most card holders do not pay with them, and use them once a month to with draw cash. <...> The structure of cards transactions committed on the territory of Russia by residents and nonresidents looks optimistic. <...> In H1 2014 the share of cards payments (excluding customs payments) made 70.9%, cash withdrawals — 29.1%. <...> At the same time, the volume of cash withdrawals is still considerably higher than the payment volume — 76.6% and 23.4%, respectively. <...> Debit cards still dominate among cards issued accounting for 86.7%. <...> However, the share of credit cards and debit cards with overdraft contin ues to grow yearly. <...> According to the Bank of Russia during H1 2015 Russian banks have issued 234.1 million cards. <...> Growth for this period (since January1, 2015 – 227.7 million cards) amounted to about 6 million cards. <...> The number of issuing and acquiring banks is still impressive, although it is decreasing in the same process that of the whole number of the russian banks. <...> In the January 2015 there were <...>