President Aliyev increases charter capital of Mortgage and Credit Guarantee Fund

Economic Department
Post's author

The charter capital of Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) has been increased to 1.068 billion ($620 million), according to a decree signed by President Ilham Aliyev regarding amendments to the charter of MCGF, Report informs.

Currently, the Fund's charter capital amounts to 980.7 million manats ($576.89 million).

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