Belarus to Increase Housing Loans for Individuals by 40% in 2009
OREANDA-NEWS. October 20, 2008. The amount of preferential loans to be granted to individuals in 2009 for building homes is supposed to increase by more than 40% in comparison with the figure expected in 2008, the press service of the President of Belarus quoted Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Piotr Prokopovich as reporting to President of Belarus Alexander Lukashenko on October 17.
Piotr Prokopovich assured the amount of regular housing loans for individuals will also be increased.
According to the official, this year’s lending figures are unprecedented. Over the nine months real economy lending went up by more than 60% up on the same period of last year.
Special attention is paid to financing state programmes and lending for individuals, especially housing loans and consumer loans.