MBRD Extends Maximum Loan Limit on “Wooden Houses” Loan Program

Conditions remain the same:

• Borrower age 21-65 y.o.
• Borrower is registered in Moscow or in Moscow area
• Loan period 12 - 72 months
• The interest rate 10 - 12% per annum
• Decision making period - one day.

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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...]