The loan can be issued for the purchase of apartments and apartments in new buildings and on the secondary market according to the basic conditions of the bank
Starting on August 8, VTB borrowers will be able to apply for a mortgage for the purchase of housing in Donetsk, Luhansk People’s Republics, Zaporizhia and Kherson regions, the credit institution said in a statement.
The loan can be spent on the purchase of apartments and apartments, including studios, in the primary and secondary markets according to the basic conditions of the bank, the press service clarified, adding that the transaction can be carried out both in the branch and remotely.
“Now we are launching a mortgage for residents of the LPR, DPR, Zaporizhia and Kherson regions — one of the most popular loan products among Russians. At the first stage, housing loans will be available within the framework of VTB’s basic mortgage programs, and by the end of the year we will join the preferential program with a rate of 2%,” said Viktor Ship, VTB’s manager in the Luhansk and Donetsk People’s Republics.
After the start of a special military operation in February 2022, a number of financial organizations, including VTB, fell under sanctions. In early July, VTB opened two branches in Lugansk. By the end of 2024, VTB will begin serving customers in Mariupol and Donetsk, the press service said.
At the end of June 2024, the first four standard offices of Sberbank were opened in Donetsk, Lugansk and Krasny Luch (LNR). All of them work with retail clients, and branches in Lugansk and Donetsk also serve legal entities.
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