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Home Business BANKS

National Bank of Azerbaijan exploring efficient model of mortgage lending

The FINANCIAL by The FINANCIAL
January 14, 2008
in BANKS
Reading Time: 1 min read
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The FINANCIAL — According to APA-Economics, National Bank of Azerbaijan is exploring efficient options of mortgage lending models.

 

Elman Rustamov, Chair of the Board of the Bank, said after exploration of efficient models, proposals will be submitted to the President of Azerbaijan.

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8,000 families took out in total AZN 260 million mortgages in Azerbaijan in 2007.

 

 

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