RussiaТs mortgage lending soars 81% in JanuaryЦMarch - 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

RussiaТs mortgage lending soars 81% in JanuaryЦMarch

MOSCOW, Apr 28 (PRIME) -- Russian banksТ mortgages soared 81% on the year to 582 billion rubles in JanuaryЦMarch, DOM.RF, previously known as the Agency for Housing Mortgage Lending, said in a statement on Saturday quoting data of the central bank.

In physical terms, the mortgage loans jumped 68% to 299,400 credits, the agency said.

The agency expects Russian banks to issue 1.4 million mortgage loans totaling 2.5Ц2.8 trillion rubles in 2018.

The weighted average mortgage rate shrank 2.07 percentage points on the year to 9.73% in the period. In March, the weighted average rate dropped 2.04 percentage points to 9.64%.

(62.7260 rubles Ц U.S. $1)

End

28.04.2018 18:49
 
 
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