Cbank recommends FX mtge loan conversion as of Feb 18 ruble rate - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Cbank recommends FX mtge loan conversion as of Feb 18 ruble rate

MOSCOW, Mar 28 (PRIME) -- The central bank has recommended that the Russian banks convert mortgage loans from foreign currency into rubles using the official ruble rate as of February 18 until May 31, the regulator said in a statement on Monday.

The banks should first look into loans with outstanding debt of no more than U.S. $150,000 as of February 1 or an equivalent in any other currency. The loan should be issued before February 22 for a purchase of housing that is the only housing owned by the borrower, and the overdue should not exceed 120 days.

About 60% of all foreign currency mortgage loans fall under the criteria, the regulator said.

End %%md/jst%%

28.03.2022 20:10
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul