ECONOMY


Mortgages to be lent on new basis from next month in Azerbaijan

Baku, January 26, AZERTAC

“Starting from next month mortgage loans will be lent on a new basis,” said chairman of the Central Bank of Azerbaijan Elman Rustamov.

He noted that the Ministry of Finance works to improve mortgage interest rate discounts. Rustamov added that other countries’ experience in mortgage lending is being studied.

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