Page 117 - RusRPTMar23
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Russian banks decreased issuance of mortgages by 8.4% on the year to 176,200 loans in December 2022, the central bank’s representative said February 16. The volume of mortgage loans jumped to 696.9bn rubles, the highest for the entire period of observation. The weighted average interest rate fell to 6.65% from 7.11% in November 2022.
117 RUSSIA Country Report March 2023 www.intellinews.com
