Sberbank lowers minimum interest rate on consumer loans to 15.9%

It is reported by RIA Novosti.

“From May 28, the rate has been reduced by two percentage points.

Now the minimum rate on a consumer loan for all categories of borrowers will be 15.9%," the bank said in a statement.

Also, from May 30, mortgage rates on secondary housing and new buildings are reduced - the minimum rate will be 10.9%.

Earlier, Sberbank explained that borrowers who received mortgage approval before March 1, but did not have time to enter into a deal before March 31, will have to re-apply for loan approval.