Azerbaijan sees 70% rise in government mortgage loan for population, in February

Azerbaijan sees 70% rise in government mortgage loan for population, in February
# 07 March 2011 15:22 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. In February, 2011, AZN 5.5 mln government mortgage loan was given to the population, up 67% from January, 2011, AMF told APA.

Thus, the volume of mortgage loan given via AMF has reached AZN 256.9 mln since mortgage lending started. As of March 1, 2011, per head mortgage loan reached AZN 28.2.

AMF has refinanced AZN 5.8 mln-loan. Totally, AZN 186.9 mln of mortgage loan has been refinanced. State budget allocated AZN 0.8 mln to AMF, last year.
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