OREANDA-NEWS. September 27, 2011. A 0.65% interest rate cut has been introduced for ruble mortgages. Now, for payroll clients of the Bank of Moscow, the new mortgage interest rates depend on the credit term and amount to 12.1% and upwards.

"In September, the Bank of Moscow cut rouble mortgage rates for its own clients. Now, alongside the beneficial terms for obtaining other retail products, payroll clients may also enjoy beneficial mortgage rates", commented Oleg Pyatlin, Head of the Mortgage Department of the Bank of Moscow.