VTB: mortgage issuance has doubled in Russia since the beginning of the year

944
1
AK&M 22 April 2026 15:18

According to VTB's preliminary estimates, in February, Russians received about 301 billion rubles from banks for the purchase of primary and secondary housing, the bank said in a statement.

This result is 32% higher than in February last year, but 28% lower than in January. In total, since the beginning of the year, the volume of housing loans in Russia has amounted to about 722 billion rubles, doubling the result of January-February 2025.

By the end of February, the share of mortgage market, according to VTB estimates, reached 42% against 18% in January.

VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch office in India, and a branch office and representative office in China.

VTB Group's net profit under IFRS for 2025 amounted to 502.1 billion rubles.

On November 20, 2024, the AK&M rating agency awarded VTB Bank's sustainability reporting the highest rating.

On July 31, 2025, the AK&M rating agency confirmed the highest rating of VTB Bank's non-financial statements.