President Aliyev increases charter capital of Mortgage and Credit Guarantee Fund

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).