Bank Of Baku

AGBank gears up for self-financed mortgage programme

AGBank gears up for self-financed mortgage programme
# 06 May 2009 10:34 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AGBank is planning to launch a self-financed mortgage programme in 2010, said Azer Movsumov, Chairman of the Bank.

According to him, the launch of its mortgage loan lending programme will be the subject of discussion in autumn next year.

He said the terms, maturity period and interest rates of mortgage loans will be specified at the discussion.

AGbank has been in operation since 1992. It operates 16 branches, 54 ATMs and 409 POS terminals.
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