Bank Vozrozhdenie Ranked 9th among Leading Banks on Mortgage Lending
OREANDA-NEWS. March 17, 2014. Bank Vozrozhdenie once again proved its strong position among leaders of mortgage lending market. According to Expert RA agency’s research, the bank took 9th place in the Russian mortgage market ranking in 2013.
The bank works both on primary and secondary housing markets. In 2013 Bank Vozrozhdenie issued RUB 14.4 billion of mortgages, loans on primary market stood at 80% thereof.
Over 80 banks comprising around 95% of the whole Russian mortgage market participated in Expert RA research.
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