Azerbaijan, Baku /corr. Trend U.Ismayilova / Since March 2006, the Azerbaijan Mortgage Fund (AMF) has allocated 552 credits at a total amount of AZN 17,700 mln. AMF reported on 27 March that 140 credits of the total (AZN 3mln) have been re-financed.
AMF allocates mortgage credits through 23 of its authorized agent banks. A total of AZN 26mln has been allocated for AMF from the 2006 Public Budget and AZN 20mln from the 2007 Public Budget.