Baku 23° C
MCGF: Nearly 4,000 new jobs will be created under loan guarantee mechanism
Finance
- 14 April, 2022
- 13:52
Add Report.az to preferred Google sources
Stay up to date with the top news!
About 4,000 new jobs are planned to be created in the business entities financed by the Mortgage and Credit Guarantee Fund (MCGF), Elshan Karimov, director of the Credit Guarantee Department of the MCGF, said Report informs.
He said that this process was launched in early 2018, and there was enough interest in this mechanism:
"As a result of the work done, today we have managed to finance a large number of businesses. About 300 million manats were directed to entrepreneurs through the loan guarantee mechanism of the MCGF. These funds cover various areas."
Author
Latest News
16:54
Cambodia offers Azerbaijani investors tax incentives for up to 12 years
Business
16:49
Photo
Azerbaijan participates in OIV World Congress in China
AIC
16:42
Chinese Foreign Minister to visit Azerbaijan
Foreign policy
16:41
Mikayil Jabbarov: Cambodia can help Azerbaijan expand cotton processing
Business
16:37
KazTransOil boosts oil shipments toward BTC
Energy
16:36
Mikayil Jabbarov: SOCAR exploring investment opportunities with Cambodia
Energy
16:31
Azerbaijani wrestlers win three silver medals at World Veterans Championships
Individual sports
16:26
Azerbaijan, Cambodia exchange memo on co-op between their chambers of commerce
Business
16:26
Minister: Azerbaijan's economy is driven by private sector
Business