Guarantee to mortgage loan ratio defined in Azerbaijan
Trend:
President of Azerbaijan Ilham Aliyev signed on May 2 a decree on amendments to the decree "On ensuring the activity of the Azerbaijan Mortgage and Credit Guarantee Fund" dated November 29, 2017.
According to the amendments, when determining the ratio of the guarantee to the loan, the following ratios of collateral to the loan are taken as a basis, taking into account the risk categories.
|
Ratio of collateral to loan |
Risk category |
|
|
Average |
Low |
|
|
Low |
up to 75% |
up to 70% |
|
Average |
up to 70% |
up to 65% |
|
High |
up to 65% |
up to 65% |
Story still developing
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