It is reported by RIA Novosti with reference to the press service of the bank.

"From March 1 ... the mortgage rate for housing under construction and finished housing will be from 18.6%," the report said.

The bank noted that no changes will be introduced for already issued consumer and mortgage loans.

From February 18, Sberbank raised mortgage rates to 11.3% for finished housing and new buildings.

In addition, Sberbank raised rates on SberDeposit and SberDeposit Prime by 1 and 1.5 percentage points, with a maximum yield of 9.5%.

On February 22, VTB raised mortgage rates for finished and under construction housing by 1 percentage point, to 11.3%.