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News

09/09/2005

Alfa-Bank in early 2006 to begin mortgage lending

Alfa-Bank in early 2006 to proceed with the issuance of mortgage loans populations. This was on Thursday told reporters, Deputy Chairman of the Board of Directors of the Bank, Oleg Sysuev.
He noted that 4 months ago at the bank was set up a structural unit, which will deal with the mortgage.

According to the audited financial statements (IFRS) for the year 2004, the assets of the "Alfa-Bank, which includes Alfa-Bank, subsidiary banks and finance companies amounted to $ 7 billion, net profit - $ 153 million, own capital - $ 708 million, credit portfolio - $ 4.7 billion

Source: Agency Business Monitoring

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