The assets of the National Mortgage Institution (NMI) actually exceed 5 billion hryvnias, Chair of the Management Board Andry Kamuz said, RBK-Ukraine (РБК-Україна) reports.
He said that a bit more than 100 million hryvnias were disbursed to facilitate sales of mortgage loans in 2014. According to him, the National Mortgage Institution refinanced only 355 loans in 2014.
He also confirmed that a larger part of the NMI’s money is spent on financing partnering banks through deposit placement. Meanwhile, such issues as what banks to choose and what terms for deposit placement should be are determined by the NMI’s management board.
