OREANDA-NEWS. April 04, 2013. In a survey conducted by the Expert RA rating agency, Sviaz-Bank is ranked seventh among the Top 20 biggest banks for the amount of mortgage loans they made in 2012. In all, over 90 banks, sharing among themselves about 95% of the mortgage market, in the Agency’s estimates, were surveyed.

Sviaz-Bank has been in the rating agency’s rankings for several years already, climbing up the rungs from one year to the next. The Bank rose five notches above its 2011 ranking and issued 15.3 billion rubles in housing mortgages, nearly doubling its 7.7 billion rubles performance. In percentages, its mortgage loan portfolio shot up by 97.4%.

Apart from anything else, Sviaz-Bank’s mortgage loans are among the most affordable. Loans under its Your Mortgage program were ranked by the Sravni.ru portal in the Top 20 least expensive mortgages in March 2013. A mortgage calculator used to figure out the best-priced options offered by 100 of Russia’s biggest banks was fed with the following input data: 3million rubles in housing price and 500,000 rubles in down payment.

These unprejudiced figures put Sviaz-Bank’s Your Mortgage program firmly in 11th place among the cheapest loans in March, with monthly payments of 35,867.74 rubles and minimum overpayment of 1,844,548.25 rubles.