For 11 months of 2020, VTB provided about 316,000 mortgage loans for a total amount of RUB 824 billion exceeding the previous year's result by 31% in terms of the number of loans, by 40% in terms of their amount. According to the bank, this year's mortgage lending will exceed RUB 4 trillion in Russia, the bank informed.
VTB provided almost RUB 90 billion in housing loans in September, RUB 100 billion in October, almost RUB 94 billion in November.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all the key segments of the financial market. In the CIS, the group is active in Armenia, Ukraine, Belarus, Kazakhstan, Azerbaijan. VTB's banks in Austria, Germany and France are operating as parts of the European sub-holding led by VTB Bank (Austria). Besides, the group has subsidiary and affiliate banks in the UK, Cyprus, Serbia, Georgia and Angola, as well as one VTB branch in China and India, two VTB Capital Plc branches in Singapore and Dubai.
