OREANDA-NEWS. August 20, 2014. According to Frank Research rankings published by Interfax Agency, Sviaz-Bank was ninth among the ten leaders of the mortgage market in the second quarter of 2014.

As analysts claim, all Russian banks issued 3.5 trillion rubles in mortgages in six months of 2014, registering a 14.3% increase since year beginning. Their total mortgage portfolio showed a 35% growth in the second quarter of this year over the second quarter of last year.

The leading banks’ share of the banking industry’s total mortgage portfolio in the second quarter of this year remained practically unchanged, at 79.7%, from last year’s showing, while Sviaz-Bank raised its mortgage market share to 1.3%.

Sviaz-Bank increased its mortgage portfolio to 43.9 billion rubles, a growth of 10.3% during the quarter.

The Rusipoteka Company’s analytical center named six partly state-owned banks, including Sviaz-Bank, among the ten mortgage market leaders.