In March, VTB Bank increased the issuance of
mortgage loans by
buying an apartment up to 84 billion rubles - a record figure for this month. Compared to February, sales of
mortgages increased by 33 percent, compared to March last year - by 54 percent.
According to the results of the first quarter of the year, the volume of loans issued for
purchase of an apartment increased by a third - up to 190 billion rubles. The total number of
mortgage transactions concluded in the first quarter increased by a quarter compared to 2019, to 76,000. < br>
Clients of the second largest Russian bank
purchase apartments in the secondary market are the most active. The volume of executed transactions in the segment of finished housing amounted to 56 percent. In the first three months of the year, for
purchase of apartments in this segment, VTB Bank issued 32,000 loans for 77 billion rubles, in new buildings - 20,000 by 61 billion rubles.
According to Evgeny Dyachkin, head of the
mortgage and car loans department at VTB, the main reason for the activity of clients was advantageous offers of the bank. In particular,
mortgage VTB Bank's rates under basic programs fell below 8 percent for the first time. Also, many applications for
mortgage were received because clients wanted to make transactions before the onset of the self-isolation regime.
