From April 1, the size of the minimum initial contribution of the program "Flat" and "Improvement of living conditions" reduced to 20% of the value of the property, the program "Residential property" up to 40%. Also, reduced rates on ruble mortgage on these products. Changes in rates touched the most popular programs of the Bank Societe Generale Vostok. In particular, the rate on the loan for the purchase of apartments now range from 14% to 15,5% per annum in rubles from 9,75% to 11% in dollars and 8% to 11% in euros, depending on the term loan and The initial contribution. Maturity ranges from 1 year to 25 years, the maximum amount is limited to 30 million rubles. Comments leader of the group loan products of the Bank Societe Generale Vostok Catherine Zabelin: "Mortgage lending is for us a priority, so these changes correspond to the main trends in the lending market and real estate. We are already seeing an increase in the number of applications for mortgages at an average of 30% compared with November-December 2009. The high level of capital adequacy and stable position of the bank allows us to continue to actively develop mortgage lending.
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