Installment programs and credit purchases do not work in Russia. This was confirmed to Izvestia by M. Video - Eldorado.

According to Eldar Murtazin, a leading analyst of Mobile Research Group, this sales format will probably not come back to Russia for several years. Anyway in the current economic situation neither vendors nor retail chains can afford it. The same is true for the population - there will be few people willing to buy anything on credit with a two-digit interest rate, so the service will not be very popular.

General Director of Acer in Russia Dmitry Kravchenko said that previously about 30% of devices worth over 50 thousand rubles were bought on credit, now sales of such equipment in principle will not grow. He suggested that loans might become available again when the Central Bank rate goes down.

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