BAKU, Azerbaijan, March 2
By Zeyni Jafarov - Trend:
The Azerbaijan Mortgage and Credit Guarantee Fund issued over 32,300 mortgage loans worth over 1.69 billion manat (roughly $1 billion) during February 2021, Trend reports citing the report of the fund.
According to the fund, the total amount of guaranteed loans issued over the past month exceeded 231.2 million manat ($136 million).
As reported, the number of residential premises provided for use has approached 610.
In January 2021, Azerbaijani banks issued mortgage loans in the amount of 16.9 million manat ($9.94 million), which is almost 2.8 times more compared to January 2020.
(1 USD = 1.7 manat on March 2)
---
Follow the author on Twitter: @jafarov_zeyni