OREANDA-NEWS.  April 25, 2012. Sviaz-Bank has been nominated, along with two other claimants, for the annual independent professional PRO Realty* award in the realty business for its Housing for the Trusty loan program that complies with the criteria of transparency of terms, reliability, and requirements to borrowers and meets the terms of the mortgage market, reported the press-centre of Sviaz-Bank.  

The program was developed specifically for customers having a favorable credit history of loans of any type with any bank. The loan interest rate has been lowered to 10% per annum in rubles. Loans starting at 400,000 to 60 million rubles are issued for a term of three to thirty years, giving borrowers an opportunity to buy realty matching their incomes. The Bank accepts either the new or existing housing as security for the loan, and borrowers can repay their loans before maturity date.

“Sviaz-Bank cannot pass up involvement in programs to make housing more affordable. We offer loyalty programs to our customers, such as, among specialized loan products, mortgages for young families, borrowers having favorable credit histories, and servicemen, to give just a few examples,” said Maria Zenina, Director of Sviaz-Bank’s Retail Banking Products Department. “We are glad to see our Housing for the Trusty program appreciated by the professional community and customers who have voted for us.”

*The award was instituted by the Realty.dmir.ru portal in 2009 to be given every year to companies and individuals in realty business for their superior performance.