Bank of Russia

The Central Bank will limit the mortgage programs of banks, the interest on which is significantly lower than the market. We are talking about cases when banks offer a "mortgage from the developer" with a reduced interest on the loan to 0.1%.

The reason for this was anti-Russian sanctions.

A number of Russian electronics manufacturers have problems obtaining preferential loans at 5%: applications for subsidies are returned with reference to a shortage of funds.

By mid-2023, the average mortgage repayment period in the country will increase to 25 years, and by the end of the year it will reach 27 years. This forecast was published by the experts of the Credit Rating Agency "NKR".

The volume of mortgage issuance in Russia has sharply decreased, and loan rates have crept up. This is evidenced by the statistics of the Central Bank.

Optimization will be the largest since the beginning of the coronavirus pandemic.

The Chairman of the Central Bank of the Russian Federation, Elvira Nabiullina, said that the specialists of the Bank of Russia do not see technological risks in using Telegram channels as a means of communication between Russian banks and customers.

The press service of Sberbank announced the start of work in the Crimea. According to the report of the credit institution, in the first half of 2023, branches will appear in major cities of the region. The first ATMs have already been installed on the territory of the peninsula.

The Chinese payment system Unionpay has introduced daily and annual limits on cash withdrawals from its cards issued by banks of the Russian Federation. Restrictions apply to cashing out outside of Russia.

The restructuring of loans of the mobilized and their relatives affected 155 thousand loans totaling 58.8 billion rubles. Moreover, this is half as much as the Bank of Russia planned in September.