Baku. Ali Ahmadov – APA-ECONOMICS. In March, 2013, AZN 7.77 mln was given through Azerbaijan Mortgage Fund, up 43.4% from February, 3.8 times from a year earlier.
Consequently, mortgage loans in January-March reached AZN 15.19 mln. State mortgage lending rose 1.5 times or 52% in comparison to a year earlier.
Totally, since 2006, AZN 435.5 mln of mortgage loans have been given. As of April 1, per head mortgage loan made AZN 46.4.
In March, AZN 4.19 mln-mortgage loan was refinanced, down 37.1% from August.
Consequently, AZN 355.42 mln or 81.6% of total mortgage loans were refinanced.
Mortgage Fund did not issue bonds. As a result, the bonds issued by Fund during 3 months amounted to AZN 11 mln.