Mortgage lending by the Nizhny Novgorod branch of Sberbank increased by 2.7 times.

      On May 8, 2026, 13:28 Society In January - March 2026, the amount of issued mortgage loans reached 12.5 billion rubles. In the first quarter of 2026, the Nizhny Novgorod branch of Sberbank issued mortgage loans totaling 12.5 billion rubles, which is 2.7 times more than in the same period a year earlier. From January to March, 3,500 residents of Nizhny Novgorod improved their housing conditions with the help of Sberbank. The driver of demand remains programs with government participation: they accounted for 64% of the total volume of mortgage transactions. Ksenia Rudskaya, Deputy Manager of the Nizhny Novgorod branch of Sberbank: "The growth of issuances by more than two times compared to the first quarter of last year indicates a recovery in purchasing activity in the region. We see that for residents of Nizhny Novgorod, the stability factor provided by government support programs remains important - most transactions are concluded with their use. Sberbank will continue to accelerate the digitalization of the process so that obtaining a mortgage remains quick and comfortable." NIA "Nizhny Novgorod" has channels on Telegram and MAX. Subscribe to stay updated on major events, exclusive materials, and timely information. Copyright © 1999—2025 NIA "Nizhny Novgorod". When reprinting, a hyperlink to NIA "Nizhny Novgorod" is mandatory. This resource may contain materials 18+.