MCGF decreases deposits in banks by 12% 

Kanan Sadigov
Author

As of July 1, 2022, the deposits of the Mortgage and Credit Guarantee Fund (MCGF) in banks stood at 44.808 million manats ($26.35 million), down 12.1% from the previous year, Report informs, citing the Fund.

The MCGF was established by the presidential decree dated December 25, 2017.

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