Mortgage Fund leased 2,410 apartments with right of repurchase

Rental housing prices increased

In August 2022, the consumer price index for paid services to the population reached 100.7% versus the previous month and 109.5% against August 2021.

Procedure for buying housing by rental method can also be applied in districts

Azerbaijan is likely to lease residential premises in country’s districts with their subsequent sale

Amount of loans issued by MCGF to date revealed

To date, the Mortgage and Credit Guarantee Fund of Azerbaijan (MCGF) has issued loans to 40,004 borrowers in the amount of 2,247.048 million manats

Auction for placement of  MCGFs bonds to be held

Number of mortgage loans issued by state revealed

Interest and nominal payments on Mortgage Fund’s bonds disclosed

Quantity of apartments leased within state line

Mortgage Fund offers another 216 apartments within mechanism of apartment renting with right to buy them

Mortgage Fund suggests new lending limits to banks

The Azerbaijan Mortgage & Credit Guarantee Fund has allocated new lending limits to authorized banks.

Mortgage loans to be given in liberated territories

A working group will be created in connection with the organization of the mortgage program in the liberated territories, including in the city of Shusha.

Auction for Mortgage Fund’s bonds held

The Azerbaijan Mortgage & Credit Guarantee Fund has placed bonds for AZN 25 million with maturity of 7,200 days. The maturity date is 17 March 2042

Mortgage Fund gave loans for over AZN 2.2 bn

To date, the Azerbaijan Mortgage & Credit Guarantee Fund gave mortgage loans for AZN 2.206 bn to 39,479 borrowers

Mortgage & Credit Guarantee Fund held an auction

Mortgage Fund has given loans for AZN 2.18 bn to date

Amount of loans given so far by Mortgage Fund unveiled

The Azerbaijan Mortgage & Credit Guarantee Fund has given loans to 39,001 borrowers in the total amount of AZN 2.169 bn

Mortgage Fund’s net profit sharply increased - Report for 2021

The Azerbaijan Mortgage & Credit Guarantee Fund announced the financial indicators for 2021.

Data on Mortgage Fund’s loans unveiled

To date, the Azerbaijan Mortgage & Credit Guarantee Fund has given 37,538 loans to borrowers in the total amount of AZN 2.149 bn.

Number of apartments sold on lease mechanism published

To date, the Azerbaijan Mortgage & Credit Guarantee Fund has allotted 1,500 apartments for use by renting them out.

It will be possible to fully pay cost of buying a rental home

Size of mortgage loans given through the state line unveiled