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Government mortgage lending exceeds AZN 231M in 11 months

Government mortgage lending exceeds AZN 231M in 11 months
In January-November 2018, AZN 231.2 million mortgage lending was allocated through Mortgage and Credit Guarantee Fund (MCGF), up 34.1% from previous year, Report informs referring to the Central Bank of Azerbaijan (CBA).
In the reporting period, AZN 100 million was allocated from the state budget to MCGF, up 2.2-fold from 2017. The Fund issued AZN 200 million-bond, down 20% in comparison to a year earlier.

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