Bank Of Baku

50 persons receive mortgage credits in Azerbaijan in first ten-day of July

50 persons receive mortgage credits in Azerbaijan in first ten-day of July
# 11 July 2009 11:58 (UTC +04:00)
More than 70 citizens have received totally 3.5 mln AZN mortgage credits since June 1, 2009, Azerbaijan Mortgage Fund told APA-Economics.

The commissioner credit organizations have received nearly 900 applications totally 40 mln AZN since re-starting of mortgage loans.

The fund officials said the mortgage process was intensified in the country, which is expected to be accelerated more in the next few weeks.

Azerbaijan began mortgage credit in Marhc, 2006 and this year 34 mln. AZN were allocated for mortgage credits from the state budget.
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