Bank DOM.RF to provide more than RUB 55 billion in project financing to developers in Krasnodar krai

AK&M 14 January 2021 20:05

The amount of project financing to be provided by Bank DOM.RF to developers in Krasnodar krai will exceed RUB 55 billion. The bank's portfolio includes 19 regional equity construction projects involving escrow accounts. The total area of the housing to be commissioned exceeds 2 million sqm, the bank informed.

Bank DOM.RF is currently considering 26 applications for project financing in the amount of more than RUB 70 billion from developers.

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.