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Azerbaijan unveils volume of state-backed mortgage loans

GenevaTimes by GenevaTimes
July 24, 2025
in Europe
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Azerbaijan unveils volume of state-backed mortgage loans
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Economy
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25 July 2025 03:32 (UTC +04:00)

Azerbaijan unveils volume of state-backed mortgage loans


The Mortgage and Credit Guarantee Fund (MCGF) has issued nearly 3.6 billion manat in mortgage loans to over 54,000 borrowers. Additionally, it has provided guarantees and subsidies worth around 580 million manat and facilitated rental access to more than 7,500 housing units.

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