Dmitry Yurin
Deputy CEO, MDM Bank
It is too early to talk about the end of the consumer boom; here we rather, can talk about a little lull that will last until the moment when the market will have new exciting products.
|
Andrey Maltsev
Deputy CEO, Norde Bank
Lowering of the demand is affecting all types of consumer credit, so it is probably not correct to separate credit cards. At the same, credit cards still remain the most popular and convenient way of consumer credit.
|
Damir Batullin
Head of Bank cards Unit, Binbank
It depends on what is meant by popularity. If we are talking about decline of growth of the issued credit cards, it does not mean that the popularity falls. From previous discussions, we have already made conclusions about what the decline may be related to (credit policy tightening, the total debt burden etc.).
We may describe the popularity of credit cards taking as an example the turnover of the already issued cards portfolio. Currently, the turnover per card issued is simply increasing which indicates the interest of the consumers in the product.
|
