[ad_1] As of July 1, 2021, credit investments in the Azerbaijani economy amounted to over 15.258 billion manats ($8.97 billion). Report informs citing the Central Bank of Azerbaijan that this figure is 1.3% more compared to June 1. It is also increased by 5% since the beginning of the year and by 4.9% compared to… Continue reading Azerbaijani banks increase lending | Report.az
Tag: lending
Government mortgage lending more than doubles in Azerbaijan
[ad_1] Mortgage lending through Mortgage and Credit Guarantee Fund (MCGF) amounted to AZN 170.6 million in January-May 2021, 2.3-fold higher than the same period in 2020, Report informs, citing the Central Bank of Azerbaijan. In the reporting period, the loans refinanced by the MCGF showed a nearly nine-fold increase to AZN 112.7 million. The funds… Continue reading Government mortgage lending more than doubles in Azerbaijan