Mercury published a financial report – its loan portfolio reduced


June 3, Fineko/abc.az. Non-bank credit organization Mercury closed 2019 with net profit of AZN 205,000.

ABC.AZ informs with reference to news agency Report that according to NBCO's financial statements, this is by 3.2 times more than in 2018.

Last year, Mercury's pre-tax profit amounted to AZN 256,000 (3.2-fold times more than a year earlier), and income tax payments AZN 51,000 (3.6 times more).

Mercury's assets as of 1 January 2020 amounted to AZN 3.6 million (by 3.9% more than a year earlier). Of them, AZN 3 million are net loans to customers. In 2019, NBCO's loan portfolio decreased by 9.2%.

For the reporting period Mercury's liabilities declined by 0.4% to AZN 2.6 million, while its balance sheet capital grew by 17.7% up to AZN 986,000.