Number of mortgage loans given within state line exceeds 49,000

15:13 - 27.03.2024

March 27, Fineko/ To date, the Azerbaijan Mortgage & Credit Guarantee Fund has given loans to 49,031 borrowers for 2.98 bn manats, ABC.AZ reports, referring to the AMCGF.

So far, business loans in the amount of 439.716 million manats have been guaranteed and 4,426 apartments sold by renting them out.

The AMCGF was established at the end of 2017 as a result of the merger of the Mortgage Fund of Azerbaijan OJSC and Credit Guarantee Fund OJSC and is their legal successor.