Bank Of Baku

Azerbaijan sees 2% growth in average sum of government mortgage lending

Azerbaijan sees 2% growth in average sum of government mortgage lending
# 03 July 2014 10:38 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. IN January-May, the government mortgage lending amounted to AZN 39,839 in Azerbaijan, up 2.35% from a year earlier.

 

The mortgage loans were given in average for 278 months, with annual interest rate of 6.83%.

 

Average monthly payment on mortgage loans makes AZN 318.5, down 0.7% from 2013.

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