MIFF - Moscow International Financial Forum MIFF - Moscow International Financial Forum
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News

17/12/2004

International Moscow Bank begins to issue loans to individuals in rubles for the purchase of flats in the secondary real estate market in Moscow, St. Petersburg, Moscow and Leningrad regions

IMB offers loans in rubles at the rate of 15% per annum for up to 15 years in the amount of 0.5 million rubles to 10 million rubles. The bank had previously issued such credits only in U.S. dollars.

Simultaneously with the introduction of mortgages in rubles IMB significantly improve conditions for the entire range of credit products related to mortgages, including mortgage loans and trust. Thus, the qualifying period is the last place of work has dropped from 1 year to 6 months, and the list of species to consider confirmation of the borrower's income were included insurance payments. It also lowered the minimum commission for arranging the loan of 400 dollars to 300 U.S. dollars or 8 thousand rubles, and previously did not put the maximum amount of commission, which amounted to U.S. $ 1000 or 25 thousand rubles.

International Moscow Bank has a General license number 1 bank in Russia. PSA - this is a universal commercial bank and one of the 10 largest banks in Russia and in 1000 the largest banks in the world. Among the banks registered in Russia, the IMB is one of the highest credit ratings from international rating agencies Standard & Poor's and Fitch Ratings. Since 2004, the IMB is a member of deposit insurance.

Source: Joint-Stock Company International Moscow Bank

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