Russia, Georgia and CIS Payment Cards Yearbook

Russia - Summary

	Price: £100.00
Russia Market Overview
Russia Payment Organizations	Association of Russian Banks (ARB); Sbercard; Zolotaya Korona.

Russia Market Structure	Total card numbers passed 144 million during 2010, equivalent to one card per capita. Most cards are issued under ‘payroll schemes’ and are primarily used for cash acquisition. Growth in credit card issuance, though curtailed by the financial crisis, is resuming as confidence returns. Sberbank, the Savings Bank of the Russian Federation, dominates the retail banking market, followed by VTB; both are state-controlled. Alfa-Bank is the biggest private bank. Société Générale (Rosbank), UniCredit, Raiffeisen and have the biggest western-owned networks. Several western banks, including Barclays, HSBC and Santander have pulled out of retail banking.

Russia Major Issuers	Sberbank, VTB Group, MDM Bank, Russian Standard Bank, Bank of Moscow.

Russia Key Statistics 2010
Russia Population	141.9 million
Russia Cards	All cards: 144.1 million