Azerbaijan pulls veil over lending from nation’s Mortgage and Credit Guarantee Fund

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1 June 2025 13:26 (UTC +04:00)

Azerbaijan pulls veil over lending from nation's Mortgage and Credit Guarantee Fund


To date, Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) has extended loans totaling 3.52 billion manat ($2.08 billion) to 54,523 borrowers, along with 549.4 million manat ($324.17 million) in guarantees and subsidies. Moreover, 7,159 apartments have been allocated through rental programs.



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