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Gref: Sberbank is exploring options for reducing mortgage rates

Sberbank is considering options for reducing commercial mortgage rates. This was stated by the head of the credit organization German Gref.

Gref: Sberbank is exploring options for reducing mortgage rates
27.02.2025
Lesezeit: 1 min
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📝 Summary

Sberbank is considering options for reducing commercial mortgage rates. This was stated by the head of the credit organization German Gref.

According to him, Sberbank has already taken the first step in this direction. “It’s a big story, a small step in lowering interest rates and a small step in placement rates.” We were the first among the banks to take this step, Gref said. The Chairman of the Board of the Bank added that he has a feeling that “the cycle of decline will begin”. Earlier, Gref said that Sberbank in its work proceeds from the scenario of further tightening of sanctions against itself. According to him, the credit institution does not count on easing sanctions pressure.

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