Page 11 - IFR Opportunities in Russian capital markets

CHAPTER 01
ifrintelligence reports/Opportunities in: Russian Capital Markets
Figure 1.3: Average Russian monthly wage (year-end estimate), 2000–08F (US$)
US$ 500
400 300 200 100
0
Source: Aurora
2000 2001
2002 2003
2004 2005
2006 2007 2008
Figure 1.4: Russian population demographics and financial statistics (2006)
Segment
A B
C
D
Households (m) Moscow/St A 1.25 B 1.65 C 3.00 D 2.95
% Population
Monthly income per household (US$)
>2,000 1,000-2,000
400-1,000
5%
6%
30%
59%
<400
A = Credit cards (Gold, Platinum), auto insurance, asset management, mortgages, remote banking B = Credit cards, term deposits, auto, mortgages, personal loans, insurance products
C = Payments, deposits, POS loans, Visa Instant, cash loan
Source: McKinsey
Petersburg
16 Largest 0.65 1.20 6.00 2.95
cities
Other regions 0.60 0.15 6.00
23.50
4