Banks that gave the largest number of mortgage loans


November 30, Fineko/abc.az. Azerbaijan has published the banks that gave most of all loans in the real estate sector.

ABC.AZ reports that mortgage loans were given for AZN 1.98 bn, and thereby made 13.8% of the loan portfolio of the banking sector. Following Q3 of 2020 the largest number of mortgage loans in Azerbaijan was given by the International Bank of Azerbaijan – for AZN 667 million.

The IBA is followed by Kapitalbank – mortgages for AZN 208 million, Xalq Bank for AZN 140.7 million, Bank BTB for AZN 114 million, Muganbank for AZN 109.6 million.

By Elmir Murad