OREANDA-NEWS. The volume of JSCB “Ukrsotsbank” mortgage portfolio made EUR 8,05 billion as of October 1, 2007, having increased by 75% from the beginning of the year. The share of mortgage loans in Ukrsotsbank total loan portfolio of individuals makes 70%, reported the press-centre of Ukrsotsbank.

"Mortgage loans are our star product, - Ukrsotsbank Deputy Chairwoman, Iryna Kniazeva commented. In the past two years our bank, the only from TOP-4 Ukrainian banks enlarged the market of loans to individuals, primarily due to mortgages. Its share in our loan portfolio of individuals is high - 69-70% and this tendency will be preserved in the next year. We are active in granting loans for real estate purchase on both primary and secondary market. Lvivska, Khmelnytska, Chernivetska, Ivano-Frankivska, Ternopilska oblasts, Autonomous Republic of Crimea and Zhytomyr show the highest growth of crediting on primary market”.

Despite the volatility in international markets, the resource base of the bank is stable enough. Ukrsotsbank offers its clients very attractive crediting conditions in the national currency, as well as in Swiss francs, traditional loans are granted in USD and EUR.

According to the Ukrainian National Mortgage Association, in the first half of 2007 the USB share in the mortgage loans market amounted to 15,4%, which corresponds to the second place in mortgage rating of Ukrainian banks.