A large Yekaterinburg-based bank controlled by European shareholders has recently been reported to consider entering the real estate market.

A number of investment experts claim the global financial crisis has led to foreign investors looking for relatively stable investment targets. The bank in question might actually come up with a mortgage program that will offer better terms than those of their competitors.

UrBC was informed that the bank is interested in long-term and large-scale housing projects like Academic multi-faceted area development project in Yekaterinburg.