The Rusipoteka Analytical Center on Mortgage and Securitization recently ranked Bank Vozrozhdenie ninth among leading banks in terms of mortgage lending for the year 2013.
The ranking is based on Bank Vozrozhdenie's 2013 performance. During that period, the bank issued mortgage loans on $40 million, marking a 22 percent increase when compared with the previous year.
Bank Vozrozhdenie works with primary and secondary housing markets.
"On mortgage loans we actively cooperate with our partners- constructors, real estate agencies. In 2013, loans on primary market comprised 80% of our portfolio. On this type of loans we go straight after the leading state banks with the 4th rank among all Russian players," Evgeniy Dmitriev, the head of the retail business department, said.
Bank Vozrozhdenie bank offers personal banking and business services to clients throughout the Russian Federation. It has 142 locations and more than 800 ATMs.
More Stories
- EUROPEAN INVESTMENT BANK: Bosnia and Herzegovina: EIB provides €340 million to advance works on northern part of Corridor Vc
- ABN AMRO SERVICES COMPANY: Fempower Your Growth: like tindering with female entrepreneurs
- EUROPEAN INVESTMENT BANK: Egypt: Team Europe - EIB and Banque Misr work together to support private businesses and speed up the recovery of SMEs from COVID-19
- ASIAN DEVELOPMENT BANK: ADB, NNS Sign Loans to Build Milestone Solar Power Project in Uzbekistan
- ASIAN DEVELOPMENT BANK: $123 Million ADB Loan to Help Build Elevated Walkways in Manila
- EUROPEAN INVESTMENT BANK: Germany: EIB provides €15 million of funding to IDnow
- ASIAN DEVELOPMENT BANK: CAREC Endorses Long-Term Strategy to Promote Safe, Sustainable, and Inclusive Tourism
- EUROPEAN INVESTMENT BANK: EIB Group provides €150 million to support artificial intelligence companies
- ASIAN DEVELOPMENT BANK: ADB Approves $430 Million to Help Rehabilitate Power Distribution Networks in Uttar Pradesh, India
- EUROPEAN INVESTMENT BANK: Greece: EIB backs EUR 470 million road safety scheme