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ZAO Citibank and Stockmann launch their 1st co-branded card in the world in Russia

The new Stockmann-Citibank credit card offers a maximum credit line of 160,000 Rubles for silver cards and 600,000 Rubles for gold cards, 50 Grace days, 1 bonus point (equals 1 Ruble and can be redeemed at all Stockmann stores in Russia) for every 100 Rubles spent in Russia and abroad. [Read…]

09.10.2007 The Bank of Moscow extended the grace period for credit cards to 55 days – Now the holders of credit cards of the Bank of Moscow will be able to profit from the borrowed funds for free up to 55 days (upon the condition of observance of the rules of credit card use).

25.09.2007 AK BARS Bank launches emission of Visa Platinum cards – Visa Platinum card characterizes the highest status of a holder, his well-being and unstained financial reputation. Visa Platinum card holder may rely on the privileged servicing in any country of the world.

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  • Alfa-Bank analyst says Retail Lending Priority shifted to Mortgage and Credit Cards in the First Half of 2006