TODAY.AZ / Politics

Guarantee to mortgage loan ratio defined in Azerbaijan

02 May 2018 [18:07] - TODAY.AZ

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President of Azerbaijan Ilham Aliyev signed on May 2 a decree on amendments to the decree "On ensuring the activity of the Azerbaijan Mortgage and Credit Guarantee Fund" dated November 29, 2017.

According to the amendments, when determining the ratio of the guarantee to the loan, the following ratios of collateral to the loan are taken as a basis, taking into account the risk categories.

Ratio of collateral to loan

Risk category

Average

Low

Low

up to 75%

up to 70%

Average

up to 70%

up to 65%

High

up to 65%

up to 65%

Story still developing

URL: http://www.today.az/news/politics/169648.html

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