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Azerbaijan has published volume of mortgage loans given

30.09.2019,12:15


September 30, Fineko/abc.az. The total amount of mortgage loans given at the expense of the Azerbaijan Mortgage & Credit-Guarantee Fund in 2006-2019 amounted to AZN 1.33 bn.

Due to those loans, about 27,000 families were able to improve their living conditions. 
Ordinary mortgage loans are given by the Fund due to domestic financial markets and subsidized mortgage loans due to funds allocated from the State Budget. 
It should be noted that Azerbaijan launched the use of the system of mortgage lending since 2006 with the purpose to improve the living conditions of the country’s population.