Loans with state guarantee exceed AZN 31M in Azerbaijan

Loans with state guarantee and subsidies amounted to AZN 31,099,000, up AZN 1,975,000 or 6.4% from the previous year, Report informs citing the Mortgage and Credit Guarantee Fund.

The loans with guarantee were mainly allocated for food production, agriculture, trade services, machine and equipment production, as well as manufacture and processing of other industrial products.