Uralsib Boosts Mortgage Lending by a Factor of 1.8
UralSib Bank, a leading financial institution in Russia, has reported a substantial increase in mortgage lending over the past year. From July 2024 to July 2025, the bank's mortgage volumes grew by 1.5 times, reaching 17.9 billion rubles. This robust growth is evident in the 17% increase in UralSib's mortgage portfolio, which now stands at 147.4 billion rubles.
The bank's mortgage lending has seen a notable surge in the first half of 2025. The share of mortgage lending for housing purchases under UralSib's own programs increased by 5.7 times, amounting to 9.9 billion rubles. Mortgage loans under the "Family Mortgage" program also experienced a significant increase, rising by 1.6 times to 7.9 billion rubles.
UralSib Bank offers its services in the realm of real estate and housing, enabling customers to apply for a mortgage loan through branches, phone calls, or the UralSib website. The specific terms of these mortgage programs are available to customers. However, the interest rates and the demographic or geographical distribution of UralSib's mortgage lending are not disclosed in the given information.
The Bank of Russia, the country's central bank, has issued a general license to P.J.S.C. "BANK URAALSIB", ensuring the bank's operations are regulated and adhere to the necessary standards. As for UralSib's support for business development in Southern Russia, no specific information is provided in the given text.
It's important to note that while UralSib's mortgage lending has shown marked growth, the specific impact of this on housing purchases or the general economy is not detailed in the given text. Similarly, the bank's involvement in business development outside of mortgage lending is not elaborated upon.
Clients of UralSib Bank can manage various aspects of their accounts online, including changing their business card spending limits. Despite the growth in mortgage lending, the bank continues to offer a comprehensive range of services, including banking and finance.
In conclusion, UralSib Bank has experienced a significant increase in mortgage lending over the past year, demonstrating a thriving mortgage business. However, further details about the demographics, geography, terms, and impact of this growth are not provided in the given information.
UralSib Bank's mortgage business expansion is not limited to corporate clients, as personal-finance seekers can also apply for mortgage loans through the bank's various channels. The robust growth in mortgage lending, coupled with the bank's continuing focus on various aspects of finance, underscores its commitment to both business and personal-finance growth.
