The decision to suspend the issuance of IT mortgages due to the exhaustion of the allocated limit of funds was made by the management of VTB Bank, the bank’s press service reported on June 15.
It is reported that the bank will continue to accept applications for IT mortgages and that agreements concluded before June 17, 2024 will remain valid under the same conditions.
“As of June 17, VTB will temporarily suspend the issuance of IT mortgages due to exhaustion of the assigned limit”– reported the press service of VTB.
According to the press service of VTB Bank, the bank’s management is awaiting the government’s decision on additional financing of IT mortgages and is ready to resume the issuance of mortgage loans as soon as the Russian government assigns appropriate limits.
“We are waiting for the government’s decision on increased financing of computer mortgages”– reported the press service of VTB.
Recall that in 2022 the Russian government launched a mortgage program for employees of accredited IT companies. According to the terms of VTB Bank, a borrower who wants to take advantage of the IT mortgage program must work in an accredited IT company for 5 years and, after receiving a mortgage, provide the bank with documents confirming employment in an IT company accredited twice. one year.
Source: Rossa Primavera
I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.