Install

Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Banks to Double Mortgages

Banks plan to double mortgage lending this year to more than 300 billion rubles ($9.84 billion) as demand recovers, Prime Minister Vladimir Putin said Friday.

Lenders issued 152 billion rubles of mortgages last year, according to a transcript of Putin’s speech. 

(Bloomberg)