Source Pravda.Ru

National Reserve Bank to start mortgage program

The National Reserve Bank (NRB) has announced the implementation of a mortgage program, Yelena Klepikova, the Vice President of the bank, declared at a national conference devoted to mortgaging in Russia. She pointed out that the program would start in the Moscow region at the end of April. By this time the bank is to complete working out terms for giving credits to those who want to buy apartments, and sign agreements with mortgage companies.

Responding to an RBC question she noted that the bank would allocate tens of millions of dollars in this program. The interest rate will depend on the market situation. At the initial stage credits will be given in foreign currency, and later they can be given in rubles, she added.

© &to=http://www.rbc.com' target=_blank>RBC

More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?

Venezuela may expect another Panama scenario from 1989
Comments
Russian Navy admiral says Russia will torpedo US warships, if need be
Russian Navy admiral says Russia will torpedo US warships, if need be
USA sanctions Russian oligarchs and heads of state-run companies
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
USA sanctions Russian oligarchs and heads of state-run companies
USA sanctions Russian oligarchs and heads of state-run companies
USA sanctions Russian oligarchs and heads of state-run companies
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Ukraine's exit from Commonwealth of Independent States will affect common Ukrainians most
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Russian air defences ready to shoot down NATO drones and reconnaissance aircraft over Crimea
British football fans spineless to unleash World War Three in Russia during World Cup
Beautiful and terrifying: Russia shows video of Bulava ICBM underwater salvo launch
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
Kremlin wants foreign invaders out of Syria
Kremlin on failed nuclear missile tests: 'Listen to President Putin and believe him!'
What may happen to foreign tourists traveling for 2018 World Cup in Russia