Number of government mortgage loans exceeds 48,000 in Azerbaijan

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To date, the Mortgage and Credit Guarantee Fund (MCGF) has allocated 2,888,240,000 manats ($1.7 billion) in loans to 48,017 borrowers, Report informs, citing the Fund.

Moreover, business loans totaling 430.906 million manats ($253.47 million) have been guaranteed, and 4,413 apartments have been sold by renting.

Economy