The issuance of credit cards in Russia grew in August by 11% year-on-year and by 9% year-on-year.

In August, the number of credit cards issued in Russia increased by 11 percent compared to the July level and by 9 percent year-on-year, reaching a maximum of 1.54 million since the beginning of 2025. Kommersant (Kommersant) writes that against the backdrop of the vacation season and preparations for school, Russians rushed to buy credit cards in the last summer month, citing data from the United Credit Bureau (OKB).

Experts consider the surge to be temporary and expect a drop in the indicator in September. It is noted that the total limit on credit cards increased last month to a maximum since the beginning of the year of 173.39 billion rubles, which was not prevented even by a noticeable decrease in the average card limit from 119 to 113 thousand rubles. The total cost of credit on cards in August was 50.5 percent, the materials say.

The car loan market also showed double-digit growth in August, and over the eight months of 2026 it grew by almost a third, adding 30 percent in January-August, to 1.24 trillion rubles.