AMF suspended government mortgage lending for four months

AMF suspended government mortgage lending for four months
  • Clock-gray 08:54
  • calendar-gray 07 November 2016

Baku. Musa Ahmadov - APA-Economics. Azerbaijan-based banks did not give government mortgage loans in August 2016.

 

 

However, the government mortgage lending in January-September of 2016 amounted to AZN 1.1 million, down 70.2 times from previous year.

 

 

AZN 36.7 million was allocated to AMF from the state budget. AMF refinanced AZN 31.6 mln in January-August 2016.

 

 

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