Bank Of Baku

Pasha Bank gives more AZN 1 mln mortgage loan this year

Pasha Bank gives more AZN 1 mln mortgage loan this year
# 01 July 2010 13:18 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Pasha Bank gave more AZN 1 mln mortgage loan, director of the financial management department of the bank Shahin Mammadov told APA.

According to him, the all of the loans for population were ordinary mortgage loan (annual 8%). No one applied for preferential mortgage (annual 4%).

He also said that, bank has given in amount of AZN 12 mln preferential credits via National Entrepreneurship Support Fund.

Pasha Bank has been in operation since 2007.
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