Azerbaijan has given mortgage loans for AZN 241.5 million since early 2018


December 5, Fineko/abc.az. The agent banks of the Azerbaijan Mortgage & Credit Guarantee Fund gave mortgage loans for AZN 241.5 million for Jan-Oct of the year.

The Central Bank of Azerbaijan (CBA) informs that loans for AZN 31.3 million were given in October.

"During the reporting period, mortgage loans in the amount of AZN 201.3 were refinanced," the CBA reported.

The Bank informs that the Fund received AZN 100 million from the State Budget for financing the social mortgage during the reporting period and raised AZN 175 million from the placement of bonds.