Bank Of Baku

Bank Standard does not intend to decrease mortgage rates

Bank Standard does not intend to decrease mortgage rates
# 30 July 2008 13:04 (UTC +04:00)
Baku. Nijat Mustafayev –APA-Economics. Bank Standard does not intend to decrease its mortgage rates, the bank board senior deputy chair Jaid Guliyev said, APA-Economic reports
To him, it is linked with credit crisis in world market.
Loans are lent for 5 years with 16-18% annually within the framework of Menzilim program.
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