OREANDA-NEWS. For the first quarter of 2007 the mortgage portfolio of the Moscow Credit Bank increased by more than 30 % and has exceeded $50 million.

Moscow Credit Bank offers credit products in roubles and US dollars within 20 years, however approximately 95 % of loans fall at foreign currency, and average term of the loan makes 15 years, the press-service of the Moscow Credit Bank informed.

For a year of action of new mortgage programs, the company has given more than 400 credits. The average sum of the loan makes $120 thousand.