OJSC Khalq Bank has granted loans totaling 40 million manat from Azerbaijan Mortgage Fund (AMF).
As they stated in the bank, under the state mortgage program more than a thousand families have received mortgages from Khalq Bank. At the moment, the bank maintains a leading position in the field of mortgage lending and continues to actively develop this area, they noted in the bank.
It is worth noting that the bank is one of the authorized banks of the AMFand the first loan was issued on March 23 of 2006.
Khalq Bank also offers mortgage loans issued at their own expense. The advantages of bank mortgage lending programs are the maximum amount of credit - 200,000 manat , the term of 25 years, and the availability of credit for non-residents in the Republic of Azerbaijan. -15D -
Economics
-
Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
-
Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
-
Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
-
Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
Leave a review