Mortgage Fund provided guarantees on loans to entrepreneurs for AZN 248 million

17:38 - 27.12.2021


December 27, Fineko/abc.az. The average amount of the guaranteed loans by the Azerbaijan Mortgage & Credit Guarantee Fund reached AZN 722,000 and the average term is 32 months this year.

ABC.AZ was informed at the AMCGF that in general, the Fund has so far acted as a guarantor for loans for businesses in the total amount of AZN 248 million.

Thanks to those loans, more than 3,300 new jobs have been created.

By Elmir Murad