PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

537485

Primary Business Area

Access To Finance

Disclosure Date

Oct 27, 2009

Country

Russian Federation

Region

Europe

IFC Approval Date

Jun 16, 2005

Status

Completed

Estimated Total Budget

$3,665,975.00
(Project budget includes all project-funded activities)

Last Updated Date

Nov 30, 2016

Project Estimated Start Date

Nov 1, 2004

Project Description

The project assists the Russian Federation in developing and growing the primary mortgage market, to enable expansion of the secondary mortgage market and thereby deepen and broaden Russia’s financial markets. The objective is to grow and strengthen the country’s nascent residential mortgage market.