Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Coronavirus will affect mortgage rates

Coronavirus will affect mortgage rates
Photo: pixabay.com

Russian banks began to increase mortgage rates and interest on deposits. The reason for this was a sharp drop in the ruble, as well as the coronavirus pandemic.

As the RIA News, The Bank of Russia has so far kept its key rate at 6%, but has refused to lower it. It is possible that she will grow at one of the following meetings.

A number of banks raised mortgage rates to 1,5%, some increased interest on deposits, others took a wait and see attitude. The regulator has promised to support the availability of housing loans.

For banks, premiums on risk ratios for mortgages and loans for financing under a shared participation agreement in construction were reduced. This applies to loans that will be issued from April 1.

September 17: current information on coronavirus in the Far East
Digest of regional events and latest statistics