Uniastrum Credit Card Turnover Grows 7-Fold
OREANDA-NEWS. In the fall of 2012, the Bank debuted its new card range and in the six months since then total use of new-card spending limits has increased more than 7-fold to Rb 20 mn a month
Monthly turnover on Uniastrum credit card accounts has risen by Rb100 mn on year-start 2012, currently amounting to around Rb 400 mn.
Rankings released by Banki.ru web portal show Uniastrum placing among Russia’s Top-30 banks by credit card portfolio as of February 1, 2013, at which time the portfolio totaled approximately Rb 3.2 bn.
Uniastrum’s latest card range was designed specifically to take account of recent market trends. The Bank’s Standard, Corporative, Trusted Partner, Exclusive, and Express cards each combine the functions of a credit and income-earning card and, while allowing holders to access credited funds, also enable them to save and accumulate cash. All cardholders can hook up free to the online service 1Bank. No fee is charged for Internet banking.
“This sizeable build in turnover for the new card range underscores the quality and convenience of our products,” says Susanna Uzunyan, Head of Uniastrum’s Retail Design and Development Division. “Each of our cards is a fully-integrated banking product, incorporating free multifunctional Internet banking, a privilege program, and various other practical options.”
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