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).

Latest news

Global Media Group, UN Global Compact ink MoU 9 October, 2024 / 15:12
EU Commissioner Hoekstra to attend PreCOP meeting in Baku 9 October, 2024 / 15:11
Uzbekistan gears up for early voting in parliamentary elections 9 October, 2024 / 15:03
Pakistani expert: Climate summits are often platforms for Western countries to assert their influence 9 October, 2024 / 14:57
President Ilham Aliyev receives UK Minister for Climate 9 October, 2024 / 14:56
AZSTANDART: Certification of companies to provide halal products for COP29 began 9 October, 2024 / 14:32
President Ilham Aliyev receives Senior Advisor to US President for International Climate Policy 9 October, 2024 / 14:27
President Ilham Aliyev receives UN Deputy Secretary-General 9 October, 2024 / 14:25
Baku hosts high-level ministerial dialogue on NCQG 9 October, 2024 / 14:14
COP29 Presidency announces ministerial pairs on adaptation, mitigation and Article 6 9 October, 2024 / 14:09
OIC official: Halal business market creates great opportunities for CIS region 9 October, 2024 / 14:02
Alisson Becker's injury set to rule him out until after November internationals 9 October, 2024 / 14:02
Fariz Jafarov: Azerbaijan's digital economy development strategy to commence in 2025 9 October, 2024 / 13:42
Courses to be organized for citizens relocated to Azerbaijan’s liberated territories 9 October, 2024 / 13:39
Halal certificates given to Azerbaijani products to be recognized worldwide 9 October, 2024 / 13:32