Government mortgage lending exceeds AZN 231M in 11 months

Baku. 3 January. REPORT.AZ/ In January-November 2018, AZN 231.2 million mortgage lending was allocated through Mortgage and Credit Guarantee Fund (MCGF), up 34.1% from previous year, Report informs referring to the Central Bank of Azerbaijan (CBA).

In the reporting period, AZN 100 million was allocated from the state budget to MCGF, up 2.2-fold from 2017. The Fund issued AZN 200 million-bond, down 20% in comparison to a year earlier.