Sverdlovsk Region: Credit Card Limit Down 13.8% on Average
31 January 2017 (14:54)
UrBC, Yekaterinburg, January 31, 2017. The average credit card limit amount went down from 61,114 RUR on January 1, 2016 to 52,691 RUR on January 1, 2017 (-13.8%) for Sverdlovsk Region-based cardholders, National Bureau of Credit History’s press service reports.
According to the Bureau, 68.6% of cardholders actually used up their entire credit card limit in the last quarter of 2016 (+8.1% on the third quarter).
Credit utilization rose most noticeably in Kamchatka (+40.9%), Kursk and Belgorod Regions (+36.3% and 34.4%, respectively) and dropped most visibly in Kalmykia (-15.4%), Altai (-13.5%), and Karachaevo-Cherkesia (-13%).
At the same time, the country’s average credit card limit declined by 15.1% in 2016, from 55,700 RUR in the first quarter of the year down to 47,300 RUR in the last quarter.
According to the Bureau, 68.6% of cardholders actually used up their entire credit card limit in the last quarter of 2016 (+8.1% on the third quarter).
Credit utilization rose most noticeably in Kamchatka (+40.9%), Kursk and Belgorod Regions (+36.3% and 34.4%, respectively) and dropped most visibly in Kalmykia (-15.4%), Altai (-13.5%), and Karachaevo-Cherkesia (-13%).
At the same time, the country’s average credit card limit declined by 15.1% in 2016, from 55,700 RUR in the first quarter of the year down to 47,300 RUR in the last quarter.
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