Russian Banks Double Mortgage Lending

Russian banks have more than doubled their mortgage lending, thanks to lower interest rates and increased demands, according to the Central Bank of the Russia Federation.

  • 12 Aug 2010
Russian banks have more than doubled their mortgage lending, thanks to lower interest rates and increased demands, according to the Central Bank of the Russia Federation. The central bank reported that руб 125.9 billion ($4.1 billion) in residential loans were issued in the first half of 2010 compared ...

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