Bank Of Baku

Azerbaijan to increase amount of mortgage loans

Azerbaijan to increase amount of mortgage loans
# 14 November 2012 13:09 (UTC +04:00)

 

 
Baku – APA-Economics. The maximum amount of preferential mortgage loans given via Azerbaijan Mortgage Fund will be increased, deputy chief of CBA Alim Guliyev said, APA reports. 
 
To him, the CBA has already submitted proposals on it to the Cabinet of Ministers.  According to proposals, the maximum amount of loans will be increased from the existing AZN 35,000 to AZN 50,000. 
 
Guliyev noted that maximum amount of commercial mortgage loans is considered to soar, too. 
 
 
 
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