Bank Of Baku

AZN 67 million lent in mortgage loans in Azerbaijan

AZN 67 million lent in mortgage loans in Azerbaijan
# 02 December 2009 15:38 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-ECONOMICS. Since the resumption of the government-funded mortgage lending on 1 June, 1 600 families have taken out home loans worth of AZN 67 million, said Azerbaijan Mortgage Fund.
According to the statistics, 3 600 families have received mortgage loans of AZN 143 million in total since the launch of the government-funded mortgage loan lending in the country in March 2006.
The state budget envisages AZN 34 million for mortgage loans in 2009.
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