Rosbank, DeltaCredit Named Leaders on Mortgage Market
OREANDA-NEWS. August 29, 2014. As of 2014 H1, Rosbank and its subsidiary DeltaCredit (mortgage bank) entered TOP-5 banks ranking with the total portfolio of originated loans in the amount of RUB 23.4 bln on the mortgage market and lead among private banks with foreign capital.
For the whole time of working on the market, Rosbank and DeltaCredit provided mortgage loans in the total amount of RUB 220.9 bln. Based on this result, the banks took the 4th position in the ranking. The data is provided by RUSIPOTEKA analytical center on mortgage lending and securitisation.
According to the new Rosbank strategy, DeltaCredit bank will become the center of competence for Societe Generale in Russia on mortgage lending. Rosbank will sell to its customers DeltaCredit products, and leverage on DeltaCredit expertise in product design, sales and marketing, customer advise and servicing. Gradual implementation of these changes starts from September 2014.
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