The cost of servicing credit cards has reached an all-time low

Despite the general trend of growth in rates in the economy due to the growth in the key rate of the Bank of Russia, the cost of credit cards shows the opposite trend: in October, the average value of the total cost of credit (FCC) for credit cards reached a historic low of 23.7% and decreased by 1 percentage point. p. relative to September, calculated in the United Credit Bureau (OKB; the only one takes into account the data of Sberbank). Credit cards were the only segment of retail lending where CPM declined.

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