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Over five billion rubles in loans issued by VTB to Sakhalin residents - EastRussia | Far East

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Over five billion rubles of loans issued by VTB to Sakhalin residents

In the first nine months of this year, VTB issued 62% more loans to individuals on Sakhalin than during the same period 2017 of the year. Their volume amounted to 5,2 billion rubles. The total retail loan portfolio since the beginning of the year increased by 16% and exceeded 1 billion rubles by October 16.

According to the press service of the bank, during this period the amount of non-earmarked loans granted to residents of the Sakhalin Region almost doubled: the figure reached 1 billion rubles for October 3,5. The number of cash loans exceeded 4,5 thousand, and their average amount increased by more than a third compared with last year and approached 750 thousand rubles. The portfolio of non-earmarked VTB loans on Sakhalin over the first nine months of 2018 increased by 12% and amounted to 7,2 billion rubles.

Since the beginning of the year, the volume of loans for the purchase of apartments has increased by more than a third compared to the same period last year. On October 1, it amounted to 1,7 billion rubles. Due to mortgage loans received by VTB, this year, housing conditions have improved more than 500 families on Sakhalin. The average size of a home loan increased by 10% and amounted to 3,3 million rubles. VTB's mortgage portfolio on Sakhalin grew by more than 20% and for the period exceeded 6,3 billion rubles.

As the manager of ROO Sakhalin Bank VTB, Vladimir Selivanov, noted, the consumer behavior of the inhabitants of the island is quite balanced: along with lending activity, there is a tendency to save money. From the beginning of the year, the volume of the portfolio of borrowed funds increased by 5% and approached 18 billion rubles.