Bank DOM.RF increased 3-month mortgage lending 2.5 times

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AK&M 08 April 2021 20:22

In the first quarter of 2021, Bank DOM.RF provided 14.5 thousand mortgage loans for a total amount of RUB 43.5 billion, which is almost 2.5 times higher than in January-March 2020. The bank's mortgage portfolio stood at RUB 211 billion the end of March (+5% year-on-year), the bank informed.

Since the start of 2021, the number of loan applications increased by 65% to about 90,000 applications amounting to RUB 185 billion.

Joint Stock Company Bank DOM.RF (Rossiysky Capital (PJSC) until December 13, 2018) provides financing for housing projects using escrow accounts in all subjects of Russia. The sole shareholder of JSC Bank DOM.RF" is JSC DOM.RF.