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Top News Russia Banking News: Top News (RSS Feed)
Mr. Andrey Shelkovy, Senior Vice-President Takes Part in “Mortgage in Russia - 2008” Conference

Evrofinance Mosnarbank and PIK Group launch a joint project

Loan agreement with BSTDB

Absolute Bank Mortgage loan portfolio exceeded $1 bln.

Mortgage rates change

MBRD Holds Roundtables on Mortgage Lending

The Bank of Moscow adds more insurers for implementing its mortgage programmes

MBRD’s Mortgage Rates Go Down

Alfa-Bank’s analysts: mortgage lending will mature in the regions

“UkrSibbank” reinforces its 1st place on the mortgage lending market

VTB, UniCredit and DB launch a joint program for Russian mortgage securitization and refinancing
The Program targets mid-sized banks, first of all, regional Russian banks with intensive mortgage business. Under the Program a special institution is to be established – a mortgage conduit. [Read...]

05.02.2008 Bank of Moscow subsidiaries extend the first mortgages in Japanese yen - The first residential loans in Japanese yen were drawn up in St. Petersburg and the Novosibirsk, Saratov and Stavropol Regions. The total volume of the credits amounted to 56 million yen (i.e., 12.76 million roubles).

18.01.2008 The Bank of Moscow has announced the launch of a mortgage lending programme in Japanese Yen. - The minimum interest rate for such loans will be 6% per annum. This is an unprecedented product for the Russian market of housing credit. Just for comparison: the average market rate for housing credits in foreign currency today is about 10,5—11,5% per annum.