Tatarstan entered the top three regions of the Russian Federation in terms of funds on escrow accounts

The amount of funds on escrow accounts in the Republic of Tatarstan in December increased by 1 billion rubles. The number of escrow accounts opened in banks of Tatarstan in December last year increased by 27% - up to 1.7 thousand. This was reported by the press service of the National Bank of the Republic of Tatarstan. “The amount of funds placed by participants in shared construction on escrow accounts grew over the month by 23.5% (or 1 billion rubles) - up to 5.2 billion rubles. According to this indicator, Tatarstan ranks third in Russia after the city of Moscow and the Moscow region,” - the report says. The project financing of construction projects in the republic is carried out by nine authorized banks. According to data as of the 1st of January, the limit on 28 loan agreements concluded by banks with developers amounted to 22.9 billion rubles.