Baku. Musa Ahmadov - APA-Economics. As of September 1, 2015, the mortgage loans given through Azerbaijan Mortgage Fund (AMF) made AZN 71.8 mln, down 1.91% or AZN 1.4 mln from previous year.
According to Central Bank of Azerbaijan, the mortgage lending through the AMF grew AZN 6.6 mln or 10.12% in August.
AMF refinanced AZN 58.7 mln in January-August 2015.
Fund placed AZN 5 mln-bonds in August.
As of September 1, 2015, the loans given by authorized credit organizations made AZN 40,699.7, average period – 280 months, average interest rate – 6.72%, monthly payment – AZN 297.5.
For comparison to note that the loans given by authorized credit organizations in the same period of 2014 made AZN 39,978, average period – 278 months, average interest rate – 6.82%, monthly payment – AZN 318.7.
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