Mortgage in Russian Federation in Q3 2013

Russian Economic Development. Moscow. 2013, No. 12, pp. 28-30

3 Pages Posted: 22 Dec 2013

See all articles by Georgy Zadonsky

Georgy Zadonsky

Gaidar Institute for Economic Policy

Date Written: December 21, 2013

Abstract

The volume of MHL (Rb 905,935bn) extended within three quarters of 2013 exceeded by 29% the volume of loans extended in the respective period of 2012. With growth in lending volumes, a decrease in the overdue debt on MHL extended in rubles to 1.15% of the outstanding debt as of October 1, 2013 against the overdue debt on MHL in foreign currency being equal to 12.31% of the outstanding debt in foreign currency points to a gap in the quality of MHL in rubles and foreign currency.

Keywords: Russian economy, real estate market, morgage

JEL Classification: G21, K11, L74, L85, R14, R21 , R31, R52

Suggested Citation

Zadonsky, Georgy, Mortgage in Russian Federation in Q3 2013 (December 21, 2013). Russian Economic Development. Moscow. 2013, No. 12, pp. 28-30, Available at SSRN: https://ssrn.com/abstract=2370800

Georgy Zadonsky (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

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