Baku. Yegane Lachinzade - APA-Economics. As of March 1, 2016, the mortgage loans given through Azerbaijan Mortgage Fund (AMF) made AZN 0.2 mln, down 70.5 times or AZN 13.9 mln from previous year.
According to Central Bank of Azerbaijan, the mortgage lending through the AMF slid AZN 0.4 mln or 66.67% in February 2016.
AMF refinanced AZN 8.5 mln in January-February 2016.
Fund has not placed bonds in February.
As of March 1, 2016, the loans given by authorized credit organizations made AZN 40,880,100, average period – 280 months, average interest rate – 6.71%, monthly payment – AZN 297.2.
For comparison to note that the loans given by authorized credit organizations in the same period of 2014 made AZN 40,251, average period – 279 months, average interest rate – 6.77%, monthly payment – AZN 297.1.
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