Texnikabank lends 74 mortgage loans

Texnikabank lends 74 mortgage loans
# 12 August 2009 13:20 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. Azerbaijan-based Texnikabank has lent 74 mortgage loans worth of AZN 3 102 354 in total since the government-funded mortgage programme was restarted in June.

Of this, AZN 236 450 worth of 7 loans were preferential social mortgage loans.

The bank said it extended the first loan of AZN 49 000 for 25 years on June 25.
Texnikabank has received more than 150 applications for mortgage loans.

The bank said citizens who wish to take a mortgage loan can apply to its branches and head office.
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