Who they are
Azerbaijan Mortgage Fund
Azerbaijan Mortgage Fund under the Central Bank of the Republic of Azerbaijan was established by the Decree of the President of the Republic of Azerbaijan in September 16, 2005 and carries important role in launching reliable housing finance system in Azerbaijan. Among main functions of AMF are to improve living condition of population, build the efficient housing finance mechanism, adapt the supply with real demand and attract local and foreign investors to mortgage lending. AMF is the first mortgage refinancing institution in the South Caucasus and since its foundation as of 01.01.2010 more than 3800 Azeri families have been benefiting with mortgage loans originated by the agent banks amounting to almost $200 millions.
In 2009 AMF entered local capital markets with $ 68 mln. covered bonds and received long-term foreign and local currency ratings of 'BB' from Fitch.
Contact person:
Mustafa Mammadov
Head of strategic planning&development
Contact details:
40, Bul-Bul, Ave
AZ1014 Baku, Azerbaijan
Tel : +944 12 498 18 01/02/03 ext. 136
Fax : +994 12 598 11 77