- Loan origination
- Authorized organizations
- For investors
Azerbaijan Mortgage Fund under Central Bank of Azerbaijan Republic is the member of some important international organizations in order to learn mortgage loaning experience, to follow progressive tendencies in this sphere and to provide information exchange. So, AMF was accepted to membership to Association of International House Construction and Mortgage Loaning Funds (MAIF) on March 01, 2007 year, to International Union of House Financing (IUHF) on April 17, 2008 and Europe Network on House Researching (ENHR) and intends to expand cooperation in the frame of these organizations.
For learning world experience employees of AMF were sent to business trip to countries as USA, Kazakhstan, Latvia, Ukraine, Malaysia, Denmark and Russia, and different investigations were made on the basis of attained information and references were prepared. Technical assistance of international organizations was involved for providing activity of Fund in accordance to advanced world experience, on this frame, World Learning, IFC, AYIB, USAID and other organizations were contacted in order to organize legal, accounting, treasure, management and etc. works in accordance with international standards.
Cooperation Agreement was signed on June 16, 2008 between Azerbaijan Mortgage Fund (AMF) and International Finance Corporation (IFC) regarding making consulting services on the direction of expanding of access possibilities of Fund to functional and finance market, increasing of its investment alluring and defining of its future juridical status. Consulting service is consists of two phases – defining of strategical directions of Fund’s future development and preparing of business plan. Execution of project is performing by Frankfurt School of Finance and Management selected by IFC on the basis of tender.