OREANDA-NEWS. July 20, 2010. Investtradebank was the first among other commercial banks to join the mortgage lending program of the Agency for Housing Mortgage Lending (AHML) with the “adjustable rate” product, in which the mortgage rate is based on the refinancing rate of the Central Bank of the Russian Federation; it has also joined “The program of Vnesheconombank’s investments in the projects for construction of affordable housing and mortgage in 2010-2012”, reported the press-centre of Investtradebank.

Already in July the Muscovites can take loans in Investtradebank for acquisition of apartments in the secondary real estate market, having selected one of the two acting loan products – a standard loan with a fixed rate in rubles and US dollars or the unique up to date loan with an adjustable rate, linked to the refinancing rate of the Central Bank of the Russian Federation and extended only in rubles.

Starting from August the mortgage loans will be accessible also in all other regions of ITB’s presence.