Azerbaijan provides 678M manats in preferential loans to entrepreneurs

Kanan Sadigov
Author

Entrepreneurs in Azerbaijan have received preferential loans totaling 678 million manats ($398 million) under the guarantee of the Mortgage and Credit Guarantee Fund, with 124 million manats ($73 million) issued from January to November this year, Report informs, citing the fund.

The fund was established in 2017 by a presidential decree through the merger of the Azerbaijan Mortgage Fund and the Credit Guarantee Fund.

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