Baku. Yegane Lachinzade - APA-Economics. As of May 1, 2016, the mortgage loans given through Azerbaijan Mortgage Fund (AMF) made AZN 0.2 mln, down 99.4 times or AZN 34.7 mln from previous year.
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According to Central Bank of Azerbaijan, the mortgage lending through the AMF has risen AZN 0.1 mln or doubled in February 2016.
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AZN 3.5 was allocated to AMF from the state budget. AMF refinanced AZN 3.5 mln in April 2016.
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Fund has not placed bonds in February.
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As of May 1, 2016, the loans given by authorized credit organizations made AZN 40,883,100, average period – 280 months, average interest rate – 6.70%, monthly payment – AZN 296.7.
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For comparison to note that the loans given by authorized credit organizations in the same period of 2015 made AZN 40,482, average period – 279 months, average interest rate – 6.74%, monthly payment – AZN 297.6.
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