Otkritie Bank in Novosibirsk doubled mortgage issuance in 2019
In 2019, Otkritie Bank more than doubled its mortgage lending in the region, to RUB 1.8 billion. In Russia, in 2019, the bank increased the issuance of mortgages by 1.9 times - up to 92 billion rubles. Moreover, this result was achieved against the background of the fall of the Russian mortgage market in 2019 after two consecutive years of record loans and double-digit growth rates.