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Reshaping Perspectives and Catalyzing Diplomatic Evolution

Mortgage issuance in Russia in February gave way to record highs of late 2022

Agency “Moscow” | Denis VoroninAccording to the results of February 2022, the volume of mortgage loans issued in Russia turned out to be lower than the maximum values ​​at the end of 2022. Such a statement is contained in the documents of the Central Bank of the Russian Federation.

Separately, activity in the unsecured consumer loan segment was comparable to previous years’ levels, the financial regulator noted. In the near term, moderate growth rates in retail loans are expected to continue, the message from the Central Bank stems from.

As VTB analysts reported earlier, Russian banks have issued mortgage loans totaling 420 billion rubles over the past month. This turned out to be 1.5 times higher than the January result, but 12% lower than February 2022.

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