Increase in Mortgage Lending by Uralsib Bank Doubled
Bank URALSIB, operating under General License of the Bank of Russia No. 30, has announced a substantial increase in its mortgage portfolio and disbursements under its Family Mortgage program. The bank's website, located at https://www.uralsib.ru/, offers a wealth of information about its mortgage programs and application process.
According to the bank's latest figures, disbursements under the Family Mortgage program grew by 1.6 times during the period from January-June 2024 to January-June 2025, amounting to 7.9 billion rubles. This growth was a substantial increase compared to the same period in 2024.
The growth in housing loans under the bank's own mortgage programs was also a significant increase compared to the 1st half of 2024. In fact, the bank's housing loans issued under its own mortgage programs increased by 5.7 times from January-June 2024 to January-June 2025, reaching 9.9 billion rubles. As a result, the bank's mortgage portfolio reached 147.4 billion rubles by July 1, 2025, marking an increase of approximately 14.7 billion rubles from the previous year.
Interested individuals can learn more about Bank URALSIB's mortgage programs by visiting their branches, calling the bank at 8-800-250-57-57, or browsing the information available on their website. The bank offers a variety of mortgage programs with full terms available for assessment.
While the exact increase in housing loans issued by Bank URALSIB in 2025 compared to 2024 is not yet known, it's likely that broader economic conditions, regulatory changes, and the competitive landscape have played a role in the bank's growth. Factors such as interest rates, consumer spending patterns, and government policies would also be crucial in determining mortgage portfolio growth.
It's important to note that the Russian banking sector has been under significant regulatory and economic pressure, especially since the beginning of the conflict in Ukraine in 2022. Sanctions and restrictions have affected several Russian banks, potentially impacting their ability to grow their mortgage portfolios. Economic conditions in Russia have also been challenging due to sanctions and geopolitical tensions, which can affect consumer and corporate confidence and influence demand for housing loans.
For a more detailed analysis, it would be necessary to have access to Bank URALSIB's financial reports or industry-specific data that tracks mortgage lending trends. If you're interested in specific data or trends related to Bank URALSIB, I recommend consulting financial reports or industry analyses that focus on Russian banking and mortgage markets.
The growth in Bank URALSIB's mortgage portfolio indicates a rise in personal-finance activities related to business, as more housing loans were issued under their mortgage programs, reflecting an increase of approximately 14.7 billion rubles from the previous year. It is essential to consider various factors, such as interest rates, consumer spending patterns, and government policies, to understand the growth in the bank's mortgage portfolio thoroughly.
