The total bank portfolio of mortgage loans in 2020 increased by 21.3% and reached 9.086 trillion rubles by January 1, 2021, follows from the materials of the Bank of Russia.
According to the Central Bank, the volume of overdue loans in December 2020 decreased by 1.8%, to 77.5 billion rubles. At the same time, compared to December 2019, the volume of overdue mortgages increased by 6.8%. The share of overdue mortgage loans in the total banking portfolio at the end of the year is 0.85%.
In total, in 2020, Russian banks issued more than 1.7 million mortgage loans for almost 4.3 trillion rubles. According to the Central Bank, the weighted average rate on mortgages issued in December decreased by 0.02 percentage points compared to November and amounted to 7.36%.
Russian news agency TASS