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Savings Bank of Russia will cancel mortgages at delivery of credits

9 June 2008

The Savings Bank of Russia is going to cancel gradually mortgages and guarantees at credits delivery.
The member of board of bank (Denis Bugrov) has informed on it in lobby of the International economic forum in St.-Petersburg.
As he said credit programs, in which requirements on guarantors will be facilitated, will be already soon started. As specialists from Savings Bank consider, all this will simplify process of drawing upon credits.


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