Sberbank Deputy Chairman of the Board of Directors Anatoly Popov said in an interview with the Rossiya 24 TV channel on the sidelines of the EEF that over the past two years, the volume of housing financing of Sber in the Far East has increased by 76%.
“In this sense, the Far East has traditionally lagged behind the western regions of the country. One of the main factors that pushed the Far Eastern Federal District to move was the Far Eastern mortgage, which was offered to residents of the region and provided preferential conditions for financing,” Anatoly Popov said.
According to the company’s top manager, this decision influenced the development of the real estate market; developers have appeared who are now working in all regions of the Far Eastern Federal District.
Popov also said that Sber financed more than half of the residential real estate built in the regions of the Far Eastern Federal District.
He stressed that the supply indicator of apartment projects in the Far East is currently the average for Russia.
“People see new apartments being built, quality housing and can buy them on favorable terms,” the company’s chief executive added.
In addition, Popov said that Sber financed more than 20 projects for school construction in the Far East through the public-private partnership mechanism.
The second important branch of the bank’s infrastructure investments consists of projects for the disposal of solid household waste, carried out in partnership with the Russian Environmental Operator.
Sber has already financed 8 such projects, the deputy chairman of the board of directors of Sber said.
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Source: Gazeta
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