Financial Results
Mortgage market rebounded after launch of State support programme
Share of mortgage sales, %
+9 p.p.
11%
20%
1Q 2015
2Q 2015
Highlights
Apartments at Etalon Group development projects in the
Moscow and St. Petersburg Metropolitan Areas are eligible
for the Russian government's subsidised mortgage
programme
Etalon Group works with major domestic banks that offer
subsidised mortgage programmes, including Sberbank,
VTB24, Rosbank, Bank St. Petersburg and Absolut Bank
Basic terms of the subsidised mortgage programme:
minimum down payment: 20%
•
•
.
loan amount: up to RUB 8 million
maturity: up to 30 years
maximum interest rate: 12%
Source: Company data.
✓ Etalon Group
Share of mortgage sales in 2Q 2015, %
23%
19%
19%
Apr-15
May-15
Jun-15
Average mortgage rate dynamics in Russia (1)
15.0%
14.5%
14.0%
13.5%
13.0%
12.29%
12.5%
12.0%
11.5%
11.0%
(1)
Operating
Results
Financial
Results
Apr-14
May-14
Jun-14
CBR data
Landbank
Valuation
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
12.45%
Dec-14
Jan-15
2015
Deliveries
14.53%
14.22%
14.16%
12%
13.93%
subsidised mortgage
interest rate
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Aug-15
Jul-15
Appendix
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