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The crisis of liquidity, at first glance, bypassed by the mortgage market: The volume of loans rose by 23% in I quarter, and then - at 29% and 30%, while in the IV quarter growth slowed only slightly - to 25%.

These figures are "made" Savings Bank and VTB Group, a mortgage broker convinced director "Fosborn Home" Vasily Belov. These banks are confirmed: in January the balance outstanding under the mortgage loan from Sberbank was 292.2 billion rubles. (an increase of almost 3 times), the group VTB - 146,3 billion rbl. (4 times). Two State Bank accounts for more than 70% of the total portfolio (71,7%).

There is a reallocation of portfolios in favor of state bank: at the beginning of the year, together they occupied 55% of the market, following year added another 10-15%. < BR>
growing share of mortgages issued in the regions. According to the Central Bank for the year, it increased from 60-70% to 80%.

Sberbank of 191.3 billion rubles. issued in 2007, mortgage loans only 19 billion rubles. issued in Moscow and Moscow region. Do Alfa-Bank for the year the region's share of the mortgage portfolio has grown to 65% , told the head of the block mortgage bank Il'ya Zebari. Major players beyond the crisis, because they can extend to their own means of at least two years at the expense of deposits, bonds and foreign loans, he is sure.

State Bank does not intend to deduct the pace. This year, the market will grow to more than double, believes vice-president " VTB 24" George Ter-Aristokesyants: on its projection to the end of 2008, the mortgage portfolio of Russian banks will reach 1.33 trillion. rub.

At the beginning of the year on the market, it was apparent lull - bids had grown up and waited for the banks as borrowers respond to this, Zebari says: " Demand for credit is not reduced, then - well " .

result of the mortgage crisis in the United States has become more expensive resources for many Russian banks, Ter-Aristokesyants looks like the result - withdrawal from the mortgage market and some smaller regional federal banks, as well as raising rates and tightening the requirements for borrowers. Even if half of the 700 financial institutions that issue mortgages now, leave, it will not lead to a drastic reduction in the rate of lending, he summarizes.

Source: DailyStroy