April 19, 2017, Moscow - As part of the preparation of a securitisation deal, mortgage agent MBS Factory (an AHML subsidiary; MBS - mortgage-backed security) and Sberbank have signed a purchase and sale agreement for a pool of mortgage-backed loans worth RUB 50 bln.

The documents have been submitted to the Bank of Russia for registration.

This sale will in no way impact the quality of customer service because Sberbank will continue to interact with mortgage borrowers.

The transaction is structured as a new single-tranche securitisation instrument that is fully guaranteed by AHML.

Sberbank published this content on 19 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 April 2017 07:52:12 UTC.

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