AMF profit exceeds AZN 13M

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# 13:08
31 October 2017

In nine months of 2017 Azerbaijan Mortgage Fund’s (AMF) assets stood at AZN 874,415,142, up 29.24% from previous year.

 

According to AMF, 72.2% or AZN 631,563,700 of assets fall to share of mortgage loans. Deposits in banks amounted to AZN 58,828,782.

 

Liabilities rose 37.15% to AZN 471,993,794. Of this, AZN 465,712,175 or 98.7% makes up securities issued.

 

AMF’s authorized capital increased 14.42% to AZN 377,278,903.

 

Profit stood at AZN 13,210,836, undistributed profit at AZN 7,053,987. 

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