RUSSIAN MORTGAGE BANK (Moscow) and MIEL REAL ESTATE have signed an agreement on cooperation in the field of mortgage credits. Under the agreement, the bank will issue around $25 million in mortgage credits by years end. The agreement provides for joint information campaigns with the aim to raise public awareness of mortgage credit conditions. In addition, the sides agreed on joint measures to improve the quality of services.
Source: BANKI.RU, September 7, 2006