Since 2016 AG Bank has issued mortgage loans totaling 4 million manat, the bank said.
The bank notes that from 2007 to January 1, 2016, 1,432 mortgage loans were issued, which is the best indicator among the banks.
In 2014, AG Bank issued the largest number of mortgage loans among banks – 1,245 contracts.
The total mortgage loan portfolio of the bank is 50.9 million manat.
AG Bank has been operating since 1992. The bank has 19 branches and one sub-branch. -----71D
Economics
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Azerbaijani state power company Azerenerji, SOCAR Trading, and Italy's Ansaldo Energia have signed a trilateral agreement on carbon credits, Azerenerji announced on Friday.
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The SOCAR-UNIPER joint venture inaugurated a 65 MW steam generator unit at the "Ethylene-Polyethylene" plant on Friday as part of activities held during COP 29. The project, aimed at boosting energy efficiency, is a significant milestone for the joint efforts of SOCAR and UNIPER in Azerbaijan’s chemical industry.
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French energy giant TotalEnergies is considering participation in solar and wind power projects in the Nakhchivan Autonomous Republic of Azerbaijan, a move discussed during talks in Baku on November 15 between TotalEnergies CEO Patrick Pouyanné and Azerbaijani government officials.
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Azerbaijan's Ministry of Energy, China Energy Overseas Investment Co. Ltd., and SOCAR Green LLC have signed an agreement to implement a 160 MW solar power project in the Fizuli district, Economy Minister Mikayil Jabbarov announced on social media on Wednesday.
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