March 23, 2015, Moscow - Today Sberbank launched its "Spring Promotion" on mortgage lending, which applies to the "Purchasing Already Built Housing" product. Promotion applications will be accepted from 23.03.2015 until 30.04.2015.

The terms of the promotion are as follows: Interest rate discount of 0.3% annually, no 1% surcharge on the rate before registering the mortgage, maximum loan term of 8 years and minimum down payment of 15%.

This offer is valid for all categories of borrowers. The minimum rate is 14.2% annually in rubles (with special conditions "Insured Loan"). At the same time the maximum size of the loan is 5 mln rubles with consideration for the place the loan was issued.

Detailed information about the promotion can be found in the "Beneficial For You" section of the Sberbank website (in Russian).

There are no commissions on Sberbank loans for individuals.

"The Spring Promotion has been launched with Sberbank's minimum down payment requirement and additional rate discount, making it easier to purchase already built housing," commented Natalia Alymova, Director, Non-Transaction Retail Product Department, Sberbank.

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Sberbank of Russia
Alexander Baziyan
Public Relations
Tel. +7(495) 957 5721
media@sberbank.ru

Sberbank of Russia is Russia's largest bank and a leading global financial institution. Sberbank holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy and the biggest deposit taker in Russia. The Central Bank of the Russian Federation is the founder and principal shareholder of Sberbank owning 50% of the Bank's authorized capital plus one voting share, with the remaining 50% held by domestic and international investors. Sberbank has more than 110 million individual customers and 1 million corporate clients in 22 countries. Sberbank has the largest distribution network in Russia with more than 17,000 branches, and its international operations include UK, US, CIS, Central and Eastern Europe, Turkey and other countries.

The Bank holds the general banking license No.1481 issued by the Bank of Russia. The official website is www.sberbank.ru.

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