OREANDA-NEWS. September 22, 2010. The Azerbaijan Mortgage Fund under the Central Bank has expanded the number of authorized credit institutions up to 20 banks.

KredoBank reports that it has become the next authorized credit institution of the Fund.

"Our Bank now offers mortgage loans to potential customers within the state program,” KredoBank informed.

Earlier AFB Bank became the Fund’s last agent (on time of acceding to the AMF program).