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Mortgage Crediting
 WB gathered information for program of cooperation with Azerbaijan Mortgage FundBaku, Fineko/abc.az. The curator of World Bank’s projects in the financial sector of Azerbaijan, Michael Edwards, has completed his Baku visit. |
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 Azerbaijan’s mortgage lending collapsed by 20%Baku, Fineko/abc.az. This year the agents of the Azerbaijan Mortgage Fund (AMF) under the Central Bank have collapsed the lending pace of 2010 (+25.5%). In July 2011 they increased mortgage lending by 20% against June when it dropped by 14.9% versus May. |
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 Azerbaijan Mortgage Fund announces placement of August’s 1st bond trancheBaku, Fineko/abc.az. Placement of August’s first tranche of interest-bearing, book-entry, secured, registered bonds of the Azerbaijan Mortgage Fund (AMF) under the Central Bank will begin since 1 August 2011. |
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 Azerbaijan Mortgage Fund can raise a loan from WBBaku, Fineko/abc.az. Chairman of the Central Bank of Azerbaijan Elman Rustamov will receive today Michael Edwards, curator of World Bank’s projects in the country’s financial sector. |
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 Average payment on a mortgage in Azerbaijan dropped to level of absolute minimum of June 2010Baku, Fineko/abc.az. The Central Bank of Azerbaijan has stated actually that mortgage lending in the country, having no decisive importance for commercial banks’ total loan portfolio, sets new standards for lending of the economy and the population. |
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 Cause of lack of affordable housing leasing determinedBaku, Fineko/abc.az. Causes of the lack of affordable leasing of residential property in Azerbaijan have been defined. |
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 World Bank starts consultations in Baku on collaboration with Azerbaijan Mortgage FundBaku, Fineko/abc.az. The idea of Azerbaijan Central Bank’s governor Elman Rustamov to establish cooperation between the World Bank and the Azerbaijan Mortgage Fund (AMF) keeps developing. |
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 WB continues considering prospects of collaboration with Azerbaijan Mortgage FundBaku, Fineko/abc.az. The idea of Azerbaijan Central Bank’s governor Elman Rustamov to establish cooperation between the World Bank and the Azerbaijan Mortgage Fund (AMF) is under development. |
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 Azerbaijani government to back creation of youth housing co-operativesBaku, Fineko/abc.az. The Action Plan on State Program "The Azerbaijani Youth" for 2011-15 approved on 7 July by President Ilham Aliyev has been published. |
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 Azerbaijani glossary of mortgage insurance terms preparedBaku, Fineko/abc.az. Today International Finance Corporation(IFC), Azerbaijan Finance Ministry and Association of Azerbaijani Insurers have presented the first glossary of insurance terms in mortgage area. |
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 Demand for mortgage bonds declined 8.7 foldBaku, Fineko/abc.az. Today at the Baku Stock Exchange the Azerbaijan Mortgage Fund under the Central Bank has placed the July’s first tranche of interest-bearing, book-entry, secured, registered bonds of the third issue. |
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 Azerbaijan Mortgage Fund announces placement of July’s 1st bond trancheBaku, Fineko/abc.az. Placement of July’s first tranche of interest-bearing, book-entry, secured, registered bonds of the Azerbaijan Mortgage Fund (AMF) under the Central Bank will begin since 5 July 2011. |
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 Azerbaijan’s mortgage lending collapsed by 15%Baku, Fineko/abc.az. This year the agents of the Azerbaijan Mortgage Fund (AMF) under the Central Bank have collapsed lending pace of 2010 (+25.5%). |
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 Profit of Azerbaijan Mortgage Fund made AZN 2.5 million in 2010Baku, Fineko/abc.az. Financial indicators of Azerbaijan Mortgage Fund (AMF) under the Central Bank of Azerbaijan audited by Euro Audit Nexia international for 2010 have been published. |
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 Azerbaijan’s head supported creation of construction and savings banks in countryBaku, Fineko/abc.az. Azerbaijani president Ilham Aliyev has given his support to the development of the country’s system of construction savings banks within the approved Action Plan 2011-15 on realization of the State Program of Poverty Reduction & Sustainable Development 2008-15 |
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