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Russian Bank Cards Market: the Drivers

Author

Listed:
  • Nina N. Kachanova

    (State University of the RF Ministry of Finance, Moscow, Russia)

  • Nina V. Ogureeva

    (State University of the RF Ministry of Finance, Moscow, Russia)

Abstract

The article presents a multi-factor analysis of the bank cards market indices viewed as factor and as dependent variables. It has been identified that that the main drivers of the bank cards market volume are the infrastructure parameters: number of ATMs and POS terminals available within a region.

Suggested Citation

  • Nina N. Kachanova & Nina V. Ogureeva, 2011. "Russian Bank Cards Market: the Drivers," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 69-80, July.
    • Handle: RePEc:fru:finjrn:110306:p:69-80
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    More about this item

    Keywords

    bank cards; electronic transactions; correlation; card use index; multiple regression; cash alternative;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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