Housing mortgage lending in Russia in 2015
Georgy Zadonsky
Published Papers from Gaidar Institute for Economic Policy
Abstract:
In 2015, according to the data released by the Central Bank of the Russian Federation, credit institutions extended 691,943 housing mortgage loans (HML) to the tune of Rb 1,147.339bn, which constituted 68.32% of the total amount of HML extended in 2014 and 65.04% in monetary terms. In the same period, 706,786 housing loans were originated totaling to Rb 1,168.222bn, which in quantity of loans comes to 66.71% and in monetary terms 64.14% of the extended loans.
Keywords: Russian economy; mortgage market; new housing construction (search for similar items in EconPapers)
JEL-codes: G21 K11 L74 L85 R14 R21 R52 (search for similar items in EconPapers)
Pages: 4 pages
Date: 2016, Revised 2016
New Economics Papers: this item is included in nep-cis, nep-cse, nep-tra and nep-ure
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Citations:
Published in RUSSIAN ECONOMY IN 2015 TRENDS AND OUTLOOKS (ISSUE 37)
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https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2016-244.pdf Revised version, 2016 (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:gai:ppaper:ppaper-2016-244
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