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21-10-09
Sberbank of Russia refinances mortgages issued by other banks

Sberbank of Russia has started a new credit product – Mortgage refinancing. This product enables individuals, who have mortgage debts, to take advantage of Sberbank’s loan to increase their period of loan or to low their loan interest rate.

Such loans are issued in roubles for the period of up to 30 years and at the rate of 15.25–17.75 percent, depending on a loan security and a period of loan.

 Sberbank of Russia

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