Mortgage & Credit Guarantee Fund has published a report – its profit reduced


May 7, Fineko/abc.az. The Azerbaijan Mortgage & Credit Guarantee Fund completed 2020 with profit of AZN 7.228 million (2.6-fold less than in 2019), ABC.AZ reports with reference to AMCGF’s financial statements.

In 2020, Fund's interest income amounted to AZN 41.486 million (7.7% less than a year earlier). Last year, organization’s interest expenses totaled AZN 21.196 million (12.6% more against 2019).