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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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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