It is reported by RIA Novosti.

At the same time, the growth of lending to legal entities in 2020 will increase to 6-8%.

According to the forecast of the bank, lending to individuals in Russia in 2019 will increase by 18-19%, legal entities will reach 4-5%.

Earlier, the head of Sberbank German Gref said that currently the market is “golden time” for mortgages due to lower interest rates and inflation.

He also announced plans for the bank to introduce refinancing of its mortgage for customers in 2020.