13:04 - 21.01.2020

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January 21, Fineko/abc.az. Non-bank credit organization Finex Credit has conducted a general meeting, devoted to the results of 2019.

ABC.AZ reports with the reference FC that at the meeting it was noted that all the Company's indicators showed positive dynamics for the past year. Thus, assets increased by 136%, authorized capital by 159.4%, loan portfolio by 126%, the number of clients by 134%, total revenues by 153%, and profit by 190%. At the same time, in 2019 the balance profit amounted to AZN 360,075.

Since 1 January 2020 Company's total capital amounted to AZN 1.66 million. Capital growth is expected to continue in 2020. The meeting participants approved the 3-year Development Strategy of Finex Credit for 2020-22.

Finex Credit passed state registration on 14 June 2013. The organization is active in the financial market of Azerbaijan on corporate securities, medium and small businesses, and lending to individuals.