17:06 - 9.10.2024

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October 9, Fineko/abc.az. The authorized capital of the Azerbaijan Mortgage & Credit Guarantee Fund has been increased to 1.68 billion manats.

ABC.AZ reports that this is stated in the presidential decree on the amendments to the AMCGF Charter.

Currently, the authorized capital of the Fund is 980.7 million manats.

Thus, AMCGF’s authorized capital has been increased by 8.9%.

According to the decree, Fund’s authorized capital has been grown by 87.7 million manats (money stipulated in Azerbaijan State Budget 2024 to finance social mortgages).