AZN 8 mln mortgage loan given in June, in Azerbaijan

In June, 2011, AZN 8 mln mortgage loan has been given to the population via AMF in Azerbaijan, AMF told APA. In general, AZN 43.8 mln mortgage loan has been given within 6 months. The total volume of mortgage loan given to population reached AZN 293.7 mln, so far. As the result, per head mortgage loan was amounted AZN 32, this number was AZN 27.2 in the beginning of year and AZN 31 as of June 1

In June, AZN 4.6 mln-credit has been refinanced by AMF, down 40.3% compared to May. In January-June, AZN 33.4 mln mortgage loan has ben refinanced. In general, AZN 209.4 mln or 71.29% of mortgage loan has been refinanced, so far.

In June, AZN 1 mln funds have been given to AMF from the state budget. Thus, the sum of loan given from state budget for mortgage purposes reached AZN 5.6 mln.

Thus, the mortgage loan given via AMF has made AZN 267.1 mln, so far. As of April 1, per head mortgage loan was AZN 29.3.

AMF has issued AZN 3 mln-bonds in June. In January-June, volume of bonds issued by the Fund hit AZN 41 mln. In general, AMF is expected to issue AZN 60 mln-bond emission, this year. The sum of means to be allocated by the state for mortgage aims will be AZN 14 mln.


/APA/