The Mortgage and Credit Guarantee Fund (MCGF) has allocated new limits to authorized banks in order to ensure the continuity of mortgage lending in Azerbaijan. Within this framework, the official dates for the commencement of applications for both standard and concessional mortgage loans have been announced.
According to information provided by the Operative Information Center-OMM with reference to the Fund, the acceptance of applications from citizens will be carried out according to the following schedule:
- Standard mortgage loans: From 11:00 AM on March 5, 2026;
- Concessional mortgage loans: From 11:00 AM on March 6, 2026.
The application process will be conducted entirely electronically through the "Electronic Mortgage and Credit Guarantee" system (www.e-gov.az). To access the system, citizens must utilize electronic signature tools such as SIMA Token (Electronic Signature), SIMA Digital, or Asan Imza.
Electronic cabinet and user instructions
In anticipation of high system traffic, citizens are advised to form their electronic cabinets by March 4, 2026. Detailed user instructions regarding the mortgage acquisition process are available on the Fund's official website, as well as in the relevant sections of the "Electronic Government" portal and the "mygov" platform.
Financial performance of the Fund for 2025
In 2025, a total of 443 million manats in loans were issued through the MCGF. This figure represents a 0.7% increase compared to the previous year. During the reporting period, the amount of loans refinanced by the Fund decreased by 2.8%, totaling 434.9 million manats.
Regarding financial sources, the funds raised by the MCGF through bond issuance increased by 8.3% over the year, reaching 650 million manats. Conversely, the amount of funds allocated to the Fund from the state budget of Azerbaijan decreased by 8.9% to 79.9 million manats.
Context and Significance
The Mortgage and Credit Guarantee Fund plays a pivotal role in Azerbaijan's social policy by improving the living conditions of the population and supporting the construction sector. By providing both standard and concessional (subsidized) loans, the state aims to make housing more accessible for young families, military personnel, and civil servants. These periodic limit allocations are essential for maintaining market liquidity and meeting the growing demand for residential financing in the capital, Baku, and other regions across Azerbaijan.
