Bank Of Baku

Azerbaijani president issues decree on mortgage lending

Azerbaijani president issues decree on mortgage lending
# 22 June 2016 16:49 (UTC +04:00)

Baku – APA. Azerbaijani president Ilham Aliyev has issued a decree on several issues regarding mortgage lending.

 

According to the decree, charter of Azerbaijan Mortgage Fund was approved.

 

The Cabinet of Ministers is to create e-mortgage system in the e-government in order to allocate mortgage loans, including preferential mortgage loans through Azerbaijan Mortgage Fund OJSC and launch this system from January 1, 2017.

 

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