MORTGAGE IN RUSSIAN FEDERATION IN SEPTEMBER 2013

Georgy Zadonsky

Russian Economic Development, 2013, issue 11, 26-29

Abstract: According to the data of the Central Bank of the Russian Federation, in January–August 2013 Rb 784,924bn worth of mortgage housing loans were extended which figure exceeds 1.28 times over the volume of lending in the respective period of 2012. As of September 1, 2013, the outstanding debt of Rb 2.4 trillion exceeded by 34.76% the debt as of September 1, 2012. A positive trend of both reduction of the share of the overdue debt on MHL in rubles in the outstanding debt (1.77% as of September 1, 2013) and growth in the volume and share of the debt on MHL without overdue payments (96.45% as of September 1, 2013) in the total debt prevails. In August 2013, the monthly average rate on MHL in rubles fell by 0.1 p.p. and amounted to 12.4% against 12.9% as of April 1, 2013.

Keywords: :; REAL; ESTATE; MARKET (search for similar items in EconPapers)
JEL-codes: G21 K11 L74 L85 R14 R21 R31 R52 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/231Zadonsky.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:231

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).