This year, Belarusbank issued loans worth more than a billion rubles on commercial terms for housing construction.
This was reported by the head of the consumer lending department of Belarusbank, Viktor Ageyev.
What Belarusbank Said About Lending Growth Rates
As Ageyev told BELTA’s “Country Speaks” project, the emerging trends, including an increase in consumer demand, indicate an increase in the population’s income.
The growth rate of lending is quite high: in 2023, Belarusbank's portfolio for individuals grew by approximately 17%.
This includes housing, government programs, and consumer lending, which is growing at an accelerated rate (50-70% in recent years). Over the first 3 quarters of this year, the bank's portfolio has grown by approximately 18%.
Serious growth was also observed in commercial real estate lending: loans worth more than a billion rubles were issued on commercial terms for housing construction.
99% is secondary housing. It is ready and this attracts people, - added the representative of Belarusbank.
