Amount of loans issued by MCGF to date revealed


August 25, Fineko/ To date, the Mortgage and Credit Guarantee Fund of Azerbaijan (MCGF) has issued loans to 40,004 borrowers in the amount of 2,247.048 million manats, ABC.AZ reports with reference to the fund.

In addition, business loans worth 312.411 million manats have been guaranteed so far, 2,146 apartments have been sold through leasing.

The Fund was established at the end of 2017 as a result of the merger of Azerbaijan Mortgage Fund OJSC and Credit Guarantee Fund OJSC and is their legal successor.