News
25.09.2015

Sberbank has lowered mortgage interest rates

On August 17, 2015, Sberbank lowered the rates on major housing mortgage programmers by 0.5 percentage points.

This includes a reduced interest rate on the “Mortgage with state support” program for new buildings, from 17.08.15 it is 11.4% per annum in rubles on any loan term from 12 months to 30 years (inclusive).

The reduction also concerns the special offer for young families, which has an additional discount to the new rates of 0.5 percentage points, there is no extra charge on the registration of the mortgage, and the possible initial payment is 15% of the price of the purchased property.

The minimum rate on mortgage loans, together with the “Secure credit” option and the special offer for young families, is 12.5% per annum in rubles.

Learn more about the new loan conditions on the site of Sberbank in the “Mortgage Loans” section.

PAO Sberbank is the largest bank in Russia and one of the leading global financial institutions. The share of Sberbank accounts for around one third of total assets of the Russian banking sector. Sberbank is a key lender to the national economy and has the largest market share in deposits. The founder and main shareholder of PAO Sberbank is the Central Bank of the Russian Federation, which owns 50% of the equity capital plus one voting share. The other 50% of the bank’s shares is owned by Russian and international investors. Sberbank services are used by more than 135 million individuals and 1 million companies in 22 countries. The Bank has the most extensive branch network in Russia: about 17 thousand branches and internal divisions. The international network of the Bank comprises banking subsidiaries, branches and representative offices in the UK, the US, the CIS, Central and Eastern Europe, Turkey and other countries.

The general license of the Bank of Russia to conduct banking operations 1481. The official website of the Bank – www.sberbank.ru.

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