BAKU, Azerbaijan, May 1. The number and amount of mortgage loans issued through the Mortgage and Credit Guarantee Fund (MCGF) in Azerbaijan have been announced.
The data obtained by Trend from the MCGF shows that 54,331 mortgage loans have been issued through the fund since its establishment.
The amount of mortgage loans issued at the expense of the fund reached 3.5 billion manat ($2 billion).
Moreover, the loans for which guarantees and subsidies were issued amounted to 549.4 million manat ($323 million).
Additionally, 6,974 residential premises were provided for tenants' use.
