Bank Vozrozhdenie has issued more than Rub 10 bln in mortgage loans in 2012

3 December 2012

Mortgage loans volume issued by V.Bank exceeded Rub 10 bln, as of November 27, 2012, 1.5 times more than in the same period of the previous year.

“The key drivers for mortgage growth this year were traditional corporate and social programmes, as well as intensive work with the bank’s partners — large real-estate developers, realtors”, — Evgeniy Dmitriev, Head of V.Bank Retail Business Department, comments.

Bank Vozrozhdenie was one of the first Russian banks that entered the mortgage market, and, as of the end of 1H 2012, was ranked 8th by mortgage loans volume, according to the bank rating of RBC agency.

V.Bank offers mortgages in the primary and secondary real estate markets and loans for acquiring houses with land in the secondary market.

“We have started serious changes that will improve quality of the bank’s business and heighten its competitive position”, — Chairman of the Board of Directors of Bank Vozrozhdenie.
Shares of Bank Vozrozhdenie were included into the MICEX Index calculation base