09.02.2010 - AIZhK may receive Euro958mln from National Welfare Fund
From Constructionrussia.com: The Russian government is to consider using money from the National Welfare Fund to finance the Agency for Housing Mortgage Lending (the AIZhK). 958m could be provided. In addition, this year the agency is to receive another 5.9bn from the Federal Pension Fund and Vnesheconombank. It is anticipated that the additional funds provided to the agency will result in a reduction in the average mortgage interest rate to 10% from the current 14%.......................................Full Article: Source
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