Another official appraiser of the Azerbaijan Mortgage Fund (AMF) has become known.
According to the information on the website of AMF, it is FM Consulting. Thus, the number of authorized evaluation organizations of AMF is 16. This means that citizens can feel free to contact the management of the company in the hope of obtaining mortgage loans from the Fund.
In March 2006 AMF began to issue mortgage loans. Social mortgage was issued for six months - from January to July 2007. The Fund has 28 agent banks, anyway active in commercial mortgages.
Mortgage loans on commercial terms are given in manat and only to Azerbaijani citizens. Loans are granted for a term of 3 to 25 years, the maximum loan must not exceed 50 thousand manat, a loan is granted at a rate of no more than 8% per annum.
Social mortgage is funded from the state budget. Its maximum size is 50 thousand manat at a rate of not more than 4% per annum. --17D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review