Azerbaijan sees 14% growth in state-guaranteed business lending 

Kanan Sadigov
Post's author

As of January 1, 2022, the business loans allocated through the Mortgage and Credit Guarantee Fund (MCGF) stood at 262.633 million manats, up 13.6% from the previous year, Report informs.

In the reporting period, the amount of the guarantee issued by the Fund for the loans made up 155.48 million manats, 11.7% more than a year earlier.

Latest news

Final protocol signed at Baku meeting on ‘Eurasian Transport Route’ 20 September, 2024 / 12:50
FIDE names Carlsen, Polgar strongest chess players of century 20 September, 2024 / 12:44
US Secret Service investigating Elon Musk's 'Biden/Kamala' assassination tweet 20 September, 2024 / 12:44
Taliban official disrespects national anthem of Iran in front of President Pezeshkian 20 September, 2024 / 12:41
Florian Wirtz makes history with brace on UCL debut for Bayer Leverkusen 20 September, 2024 / 12:34
President: Our youth should not be influenced by anyone and should not be misguided by promises 20 September, 2024 / 12:27
Lufthansa may stop Frankfurt-Beijing flights 20 September, 2024 / 12:20
President Ilham Aliyev: 'We showed nations suffering from occupation and colonialism that one must to live with faith' 20 September, 2024 / 12:18
Jeyhun Bayramov honors memory of Azerbaijani martyrs on State Sovereignty Day 20 September, 2024 / 12:16
Taiwan questions president of pager company linked to Hezbollah explosions 20 September, 2024 / 12:15
President: The world also knows that the city of Khankandi has been an ancient settlement of Azerbaijan 20 September, 2024 / 12:04
China poised to send nearly 300 container block trains via Middle Corridor by year's end 20 September, 2024 / 12:01
President Ilham Aliyev highlights heroism of soldiers at meeting with students of Garabagh University 20 September, 2024 / 11:55
President of Azerbaijan: The establishment of Garabagh University is a historic event 20 September, 2024 / 11:52
President: We have demonstrated that with strong will, professionalism, and patriotism, no force can stand in the way of that nation 20 September, 2024 / 11:50