TODAY.AZ / Business

AMF authorized banks lend 82 mortgages

06 September 2006 [10:54] - TODAY.AZ
82 persons have to date taken out a mortgage from the authorized banks of the Azerbaijani Mortgage Fund.

AMF spokesman, Samira Nasibova, told that the total volume of the mortgages lent accounted for AZN1.7mn.

2 mortgages were received in Ganja, 2 in Sumgait, 1 in Mingechevir and 1 in Guba.

AMF has started to lend a mortgage since March 1 through 15 authorized banks.

Bank Standard was the first to give a mortgage.

AZN 26mn has been set aside from the State Budget for this purpose, APA reports.


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