VTB increased mortgage issuance in September to 86 billion rubles

50
2
AK&M 24 April 2024 18:54

By the end of September, over 18.5 thousand mortgage borrowers have issued housing loans to VTB. The volume of transactions amounted to more than 86 billion rubles, which exceeded the result of August, when customers issued a mortgage for 83 billion rubles. In total, in January-September, VTB issued about 149 thousand housing loans worth 678 billion rubles. This is stated in the bank's message.

At the beginning of autumn, VTB clients most often issued mortgages in Moscow (23.6 billion rubles), St. Petersburg (8 billion) and Krasnodar (5.4 billion). The average check was approximately 4.6 million rubles.

The main share of sales in September fell on the segment of secondary real estate: the bank carried out more than 60% of transactions with finished objects during this period.  In the primary market, VTB issued about one in three mortgages. The remaining share of the disbursements fell on the refinancing program.

Under the mortgage program with state support, VTB issued about 3.2 thousand loans for about 20 billion rubles. "Family mortgage" was used by over 1.8 thousand borrowers, the volume of transactions exceeded 10.8 billion rubles.

Since the launch of the mortgage program aimed at supporting clients with three or more children, about 630 large families have received a mortgage in VTB at 3%, and the total volume of transactions exceeded 3 billion rubles. 

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. In the CIS countries, the group is represented in Armenia, Ukraine, Belarus, Kazakhstan, and Azerbaijan. VTB banks in Austria, Germany and France operate under a European sub-holding headed by VTB Bank (Austria). In addition, the group has subsidiaries and associated banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one branch of VTB Bank in China and India, two branches of VTB Capital Plc in Singapore and Dubai.