Possible usage of foreign practice of mortgage lending in Russia

摘要

The article compares the mechanisms of mortgage lending in Russia and abroad, examines how the methods of German mortgage lending can be applied in Russian practice. The possibility of using the German credit product “Bausparsumme” in Russia and its impact on the riskiness and profit of Russian banks are investigated. the aim of this work is to compare mortgage lending in Russia and abroad and to examine how the methods of the German mortage lending can be transferred to Russian, in particular its vital to investigate the impact of such product on the riskiness and profit of Russian banks.