Russians’ mortgage debt rises 100m RUR

23 August 2013 (09:37)

August 23, 2013. The volume of overdue mortgage payments rose by 100m RUR in the first half of 2013 (0.2%) and reached 41.8bn RUR, the National Collection Service reports.

At the same time, the share of these payments in the total loan book is now smaller and comes to 1.8%, while a year earlier, the figure was 2.5%.

The total loan book rose by 13% in the first half of 2013, while the mortgage market, which increased by 18%, has outstripped the retail lending sector, which rose by 17.5%, for the first time this year.

The total worth of loans offered to private individuals was more than 9 trillion RUR.

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