Abstract

In January-February 2014, Rb 198.175bn worth of 17,797 mortgage housing loans (MHL) were extended which is 1.4 times and 1.5 times more as regards the number of loans and in money terms, respectively, as compared to the indices of January-February 2013. As of March 1, 2014, the outstanding debt on MHL amounted to Rb 2,746 trillion which is 33.73% more than the respective debt as of March 1, 2013. Throughout 2013, the overdue debt as percentage of the outstanding debt on MHL in rubles kept falling and as of March 1, 2014 amounted to 0.98%, while that on MHL in foreign currency rose and as of March 1, 2014 amounted to 12.94%. The debt on MHL with payments overdue for over 180 days decreases as well and amounted to 1.77% of the total debt as of March 1, 2014. The weighted average rate for a month on loans extended from the beginning of the year amounted to 12.3% as of March 1, 2014 against 12.4% for the entire 2013.

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