Number of AMF Agent Banks Reached 25
Five banks have become new authorized AMF members.
According to the site, the new fund-authorized banks are the International Bank, Ata Bank, Bank of Baku, Demir Bank and Mugan Bank.
Thus, the number of banks authorized by the Mortgage Fund has reached 25.
JSC Azerbaijan Mortgage Fund was established on August 18, 2016 on the basis of the Mortgage Fund under the Central Bank acting since 2005. The authorized capital stock is 307,239,000 manat. ----71D