Azerbaijani Mortgage Fund Restores Financing Loans
Azerbaijan, Baku / Trend corr. U.Ismayilova / The Azerbaijani Mortgage Fund (AMF) restored financing mortgage loans.
The AMF reported that the fund has already financed loans in the amount of AZN 3mln.
The AMF officially stated on the temporary suspension of mortgage loans due to a shortage of means in June. Some AZN 20mln was allocated to the fund in 2007, of which AZN10mln has already been transferred to the AMF in two instalments.
The AMF finances mortgage loans, allocated by 23 authorized bank organizations.