Assets of Azerbaijan Mortgage Fund soar by 20%

Baku. 29 August. REPORT.AZ/ “The assets of the Azerbaijan Mortgage Fund” OJSC (AMF) have soared by 14,04% since early 2017 and 19,51% in annual comparison and reached 790 412 787 AZN. 74,59% or 589 577 151 AZN of assets fall on the share of mortgage loans, 7,52% or 59 460 329 AZN - deposits placed in banks, 15,25% or 120 508 340 – investments maintained till the date of payment."

Report informs citing the AMF.

The total liabilities of the AMF have increased by 19,02% since early this year and in the annual comparison and reached 409 301 836. The authorized capital has increased by 6,78% and made 365 927 110. As of July 1 of this year, the undistributed profits made 7 053 987 AZN, which is 7,76% more compared to the start of the year, and 3,6 times less compared to the same period in 2016.