Sberbank Chairman of the Board Gref to propose to extend the preferential mortgage program This was stated by the chairman of the board of Sberbank, German Gref, RIA Novosti reports. “I would, for example, in some form, maybe not 100 percent, but for certain categories of people, maybe for certain regions such a program could well be preserved, “Gref said and added that the program has shown good results. The head of Sberbank noted that now the program costs the state a little more due to the growth of the key rate. However, if the rate decreases, the program will become profitable in terms of its costs. The term of the concessional mortgage program has already been extended until June 2021. Then the maximum rate under the program was raised from 6.5 percent to 7 percent, and the loan amount was reduced to three million rubles for all regions. The
