Capital markets received nearly 3 bn manats from Mortagge Fund

11:29 - 25.12.2024


December 25, Fineko/abc.az. The Azerbaijan Mortgage & Credit Guarantee Fund operated profitably every year.

ABC.AZ informs that AMCGF chairman of board Ilham Kuleshov said this at a training for media representatives.

He added that AMCGF authorized capital currently stands at 1.68 billion manats.

Kuleshov said that over the years, about 3 bn manats have been received from the AMCGF to the capital markets.

"The volume of AMCGF bonds for the current period is more than 2 billion manats. The main authorized capital of the AMCGF is formed from the State Budget. Our authorized capital is close to 1.68 billion manats. The Fund has high level of capitalization. The ratio of equity to assets is 33.4%," he said.