Mortgage Fund suggests new lending limits to banks

The Azerbaijan Mortgage & Credit Guarantee Fund has allocated new lending limits to authorized banks.

banks.az reports with reference to the AMCGF that the limits will be activated on 25 July, at 11:00 am.

This year, at the expense of the AMCGF, about 3,000 Azerbaijani citizens have been given AZN 230.7 million of ordinary and subsidized loans. As a result, the number of citizens who received loans through the state line exceeded 39,700, and the total amount of loans – AZN 2.227 million.