TODAY.AZ / Business

Mortgage Fund lends first preferential loan through Bank Standard

03 February 2007 [10:20] - TODAY.AZ
The first preferential mortgage loan has been allowed after the presidential decree on improvement of mortgage lending mechanism in the country.

29-year-old Baku resident took out the mortgage from Bank Standard at an interest rate of 4% annually. The apartment is 50 square meters, mortgage term is 30 years, the apartment price is AZN 26,648, and monthly payment is AZN 127, Azerbaijan Mortgage Fund told the APA.


Print version

Views: 1343

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: