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18/10/2018
10:31
Absolut Bank doubles mortgage lending

In Q3 2018, Absolut Bank increased mortgage lending via the regional network twice year-on-year, the bank informed.

For the 3-month period, the bank provided RUB 7.5 billion in regions and accepted about 19,000 applications for housing loans.

The minimum interest rate under Absolut Bank's mortgage programs is 9.74% p.a., the down payment starts from 20% p.a., the loan period is up to 30 years.

Absolut Bank (PAO) (tax number: 7736046991) is a universal bank operating in the Russian financial market since 1993. The bank's principal shareholder is PJSC United Credit Systems operating as part of NPF Blagosostoyanie.

Absolut Bank's business priorities include services to corporate clients, development of the retail business focused on mortgage lending and development of the wealthy customer business.

"AK&M", 17.10.2018 13:11

 

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