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Mortgage & Credit Guarantee Fund’s assets amount to AZN 1.8 bn

30.11.2020,13:00


November 30, Fineko/abc.az. The data on the assets of the Mortgage & Credit Guarantee Fund of Azerbaijan has been published.

ABC.AZ reports that at an online meeting MCGF deputy chairman Rahman Gummetov noted that Fund's assets currently amount to AZN 1.8 bn and its total capital is AZN 822 million.

Gummetov added that the organization he represents currently controls 95% of the corporate securities market and 15% of the entire market.

"If earlier we studied the experience of neighbouring countries, now Russia, Kazakhstan and Kyrgyzstan are interested in some of our experiences," Gummetov said.