Azerbaijan provides 678M manats in preferential loans to entrepreneurs

Entrepreneurs in Azerbaijan have received preferential loans totaling 678 million manats ($398 million) under the guarantee of the Mortgage and Credit Guarantee Fund, with 124 million manats ($73 million) issued from January to November this year, Report informs, citing the fund.

The fund was established in 2017 by a presidential decree through the merger of the Azerbaijan Mortgage Fund and the Credit Guarantee Fund.