Azeri President amends concessional mortgage lending

Azeri President amends concessional mortgage lending
# 22 June 2007 10:19 (UTC +04:00)
As per a previous decree, the preferential mortgage loans are available for martyr’s family (husband/wife, children), National Heroes (himself, husband/wife, children), internally displaced people or people in the same status, people with a decree of candidate of science or doctor, people with special achievements in sports (winners of competitions (first place)), winners of international competitions (first, second and third places), military servants in service for over three years (except term servants), they all are entitled to use the preferential status once only.
According to the rules, the maximum amount of the preferential mortgage loans is not to exceed AZN 35,000, the term of loans can range from 3 years to 30 years, annual interest rates under $4. /APA-Economics/
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THE OPERATION IS BEING PERFORMED