Some NBCOs increased their loan portfolios last year


December 7 Fineko/ 15 out of the 39 NBCOs that were on the market in 2019-2020 increased their loan portfolio last year.

ABC.AZ informs that the list of these NBCOs is as follows: Falcon Finance, TCF, Kredex, Brand Credit, FINKA Azerbaijan, City Finance, International, Finans Invest, Qafqaz-Kredit, Azmikroinvest, IDK, Kepez, Viator Mikrokredit Azerbaijan, Avrasiya-Kredit and Asel Kredit.

The highest dynamics was recorded on Falcon Finance (21.3-fold), and the lowest on Asel Credit (3.8%). Since the loan portfolio of one NBCO – MJ Financial Services - has been formed since last year, it was not possible to calculate the dynamics of its loan portfolio.