Mortgage lending through state line decreased by 5.5%

15:32 - 23.07.2024


July 23, Fineko/abc.az. Over Jan-Jun 2024, loans for 230.3 million manats were given in Azerbaijan through the Mortgage & Credit Guarantee Fund.

ABC.AZ reports with reference to the Central Bank of Azerbaijan that the indicator is 5.5% less against Jan-Jun 2023.

In 6 months, the amount of loans refinanced by the Fund reduced by 7.8% to 195.2 million manats.

For the past 6 months, the amount of finances raised by the AMCGF through the issuance of bonds grew 2.1-fold up to 300 million manats, and 43.8 million manats were allocated from the State Budget to the AMCGF, as a year earlier.