The list of the agent banks of Azerbaijan Mortgage Fund (AMF) has been added.
According to the report, the latest beneficiaries are Caspian Development Bank and joint Azer-Turk Bank. Thus, the total number of agent banks of AMF is 30. So now you can get a mortgage in these financial bodies, too.
Caspian Development Bank (former Kovsar Bank) was created in 1988. The main shareholder of the bank since the end of last year is JSC Synergy Group. The authorized capital is 50,020,000 manat.
JSC Azer-Turk Bank with a registered capital of 50 million manat was established in May 1995. The shareholders are: State Committee for Property Affairs of Azerbaijan (75%), Turkish Ziraat Bank (12.37%), Ziraat Bank International (1.08%), the Azerbaijani reinsurance company AzRe Tekrarsigorta (6.55%) and the specialized life insurance company Qala Heyat Sigorta (5%). --17D-
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