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Ministry says Russia to experiment with e-mortgage till Dec 31

MOSCOW, May 6 (PRIME) -- Russia will experiment with provision of mortgage deals in a digital format till December 31, the Digital Development Ministry said on Thursday.

The project stipulates electronic registration of mortgage with the Federal Service for State Registration, Cadaster and Cartography and a transfer of a collateral to a depository.

The ministry said the project uses the distributed register technology.

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06.05.2021 16:14