Azerbaijan gave mortgage loans for AZN 243.6 million for Jan-Jun

12:43 - 25.07.2023


July 25, Fineko/abc.az. In January-June 2023, the Azerbaijan Mortgage & Credit Guarantee Fund allocated 243.6 million manats ($143.29 million) in loans, 12.3% more than in 2022, ABC.AZ reports, citing the CBA.

During the reporting period, the amount of loans refinanced by the Fund increased by 12.5% to 211.8 million manats ($124.6 million).

The amount of funds raised by AMCGF in 2023 by issuing bonds has increased by 7.7% to 140 million manats ($82.35 million), while the amount of funds allocated to the Fund from the state budget has decreased by 8% to 43.8 million manats ($25.76 million).