Government mortgage lending nears AZN 262M in 2018

Namig Huseynov
Post's author

Baku. 4 February. REPORT.AZ/ In 2018, AZN 261.7 million in mortgage lending was allocated through Mortgage and Credit Guarantee Fund (MCGF), up 29% from the previous year, Report informs referring to the Central Bank of Azerbaijan (CBA).

In the reporting period, AZN 100 million was allocated from the state budget to MCGF, up twofold from 2017. The Fund issued AZN 200 million-bond, down 24.5% in comparison to a year earlier.

Latest news

Second part of final plenary session of COP29 gets underway - LIVE 24 November, 2024 / 01:39
Historic COP29 success: Green light for carbon market 24 November, 2024 / 00:12
Marina Silva: Fighting climate crisis requires fair funding, not concessions 23 November, 2024 / 23:24
Marina Silva: Creating carbon market - priority to ensure environmental integrity 23 November, 2024 / 23:07
COP29 approves full operationalization of Loss and Damage Fund 23 November, 2024 / 23:01
Marina Silva: Brazil to try to ensure that success of carbon markets provides maximum integrity 23 November, 2024 / 22:30
COP29 achieves full operationalization of Article 6 of Paris Agreement – unlocks international carbon markets 23 November, 2024 / 21:46
Resolution adopted commending Azerbaijan for exemplary COP29 organization 23 November, 2024 / 21:08
COP29 president says draft decisions and conclusions to be adopted at plenary sessions 23 November, 2024 / 20:56
Marina Silva: For COP30 to be success, efforts must be united at COP29 in Baku 23 November, 2024 / 20:51
Zakharova: France's permission for Ukraine to strike Russia is fatal blow 23 November, 2024 / 19:53
Turkish, Russian Foreign Ministers discuss bilateral ties in phone call 23 November, 2024 / 19:36
Landslide claims nine lives, mostly children, in DR Congo 23 November, 2024 / 19:26
Least Developed Countries ready to make demarche due to inability of Global North to negotiate 23 November, 2024 / 18:39
Turkish FM doesn't rule out US troop withdrawal from Syria under Trump 23 November, 2024 / 18:21