BAKU, Azerbaijan, April 3. Lending through the
Mortgage and Credit Guarantee Fund (MCGF) of Azerbaijan dropped
from January through February 2026.
The data obtained by Trend from the Central Bank of Azerbaijan shows that
this figure amounted to 22.3 million manat ($13.1 million),
reflecting a decrease of 23.2 million manat ($13.6 million), or two
times, compared to the same period last year.
During the reporting period, the amount of loans refinanced by
the MCGF amounted to 54.5 million manat ($31.9 million), marking a
year-on-year rise of 6.7 million manat ($3.9 million), or 14%.
Additionally, the amount of funds raised by the MCGF through
bond issuance decreased by 100 million manat ($58.8 million),
dropping to 100 million manat ($58.8 million).
At the same time, the amount of funding allocated to the fund
from the state budget remained unchanged compared to the same
period last year, totaling 21.3 million manat ($12.5 million).
