The number of VISA credit cards in Russia reached around 16 million by the end of 2004, up from 9.4 million cards one year earlier
Published:
9 February 2005 y., Wednesday
The number of VISA credit cards in Russia reached around 16 million by the end of 2004, up from 9.4 million cards one year earlier, head of the VISA offices in Russia Lou Naumovsky told reporters on Tuesday.
The number of cards issued by VISA member-banks was 500,000, and that could increase to 3-5 million by the end of this year, Naumovsky said. The development forecasts are quite upbeat, he said.
Before 2005 ends, Naumovsky said, there could be issued nearly 1.5 million VISA cards containing electronic chips in Russia. more than 800,000 of these, able to be used at roughly 25,000 POS terminals, have already been issued by Russian banks involved in the VISA system.
VISA has already certified eighteen Russian banks to issue these cards and twelve for acquiring.
Šaltinis:
Interfax
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The Kakheti Regional Roads Improvement Project for Georgia aims to reduce transport costs and improve access and traffic safety for the Kakheti regional roads.
more »
“Don Quixote – Made in Romania” brought the curtain down on the Cultural Days of the European Central Bank (ECB) 2009, with an expressive combination of tap dance, folklore, pantomime and martial arts.
more »
The Latvian Finance and Capital Market Commission permitted Mr. Vladimir Antonov, who is also the main shareholder of AB Bank SNORAS, to acquire and manage up to 33 per cent of the shareholding of the Latvian bank AS “Latvijas Krajbanka”.
more »
On October 30, the French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius. The company invested EUR 3.5 million into the new factory which is located near the old manufacturing facility to be closed soon.
more »
During the extraordinary general shareholders' meeting of AB Bank SNORAS, which took place on 5th November 2009, it was decided by additional contributions to increase the authorized capital of the bank by more than LTL 88 million.
more »
The French-capital company “Eurovia Lietuva” opened a new asphalt plant near the capital city Vilnius.
more »
“Banking Market in the Baltics 2009-2011, CEE Banking Brief” report recently presented by Intelace Research states that, despite the current economic recession, Estonia, Latvia and Lithuania are still among the most advanced banking markets in Central and Eastern Europe (CEE).
more »
The Bank of Lithuania permitted AB Bank SNORAS to include in the second level capital LTL 72.5 million (EUR 21 million) worth emission of termless debt securities distributed via non-public distribution on 31st August this year.
more »
The remit of the Parliamentary Committee set up to examine the financial crisis was debated at its first meeting on Wednesday (4 November).
more »
Europeans can now use direct debit from their home account to pay bills anywhere in the EU.
more »