Bank Of Baku

1,010 families receive mortgage loans during first half-year

1,010 families receive mortgage loans during first half-year
# 09 August 2012 09:00 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. In January-June, 1,010 families have received AZN 37 mln mortgage loans in Azerbaijan, Central Bank’s Monetary Policy Review for first half of 2012 reported.

Review says on the account of state budget, more than 450 families have received AZN 15 mln social mortgage loans during the same period.

During this period, authorized credit organizations have given AZN 22 mln mortgage loans (commercial mortgage) to more than 560 families via Azerbaijan Mortgage Fund excluding social mortgage. In other word, average sum of social mortgage loan made AZN 33,300, average sum of mortgage loans – AZN 39,300.
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