City Mortgage Bank

Is specialized mortgage bank. Equity of Bank exceeds 2 billion rubles. The bank is created with the assistance of Rosgosstrakh group – the leader of the Russian market of insurance. The city Mortgage Bank is a part of the global company in the field of financial services – Morgan Stanley. The city Mortgage Bank is a participant of the Association of Russian Banks (ARB), Association of Regional Banks, Banking associations of the Northwest of the Russian Federation, Association of mortgage banks (MBA, the USA).

The city Mortgage Bank became the first private Russian bank which securitized a portfolio of mortgage loans in international markets. Securitization of a portfolio of mortgage loans of City Mortgage Bank is recognized by "The best transaction of 2006 in the markets of developing countries".

In September, 2007 the International rating agency Fitch Ratings for the first time in Russia assigned to Bank high score for excellent service quality of the mortgage loans "RPS3 (RU)". In August, 2008 it was revised upward to the RPS3+ (RU) level. In September, 2009 the Fitch Ratings agency confirmed rating at the level of "RPS3+ (RU)".

Now the City Mortgage Bank is provided in 23 Russian regions.

The city Mortgage Bank is recognized by "Bank of year in the field of mortgage lending" and conferred the award "Financial Elite of Russia-2008".