16:29 - 24.07.2024

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July 24, Fineko/abc.az. The non-bank credit organizations of Azerbaijan increased their loan portfolio by 13% in the 1st half of 2024, ABC.AZ reports, referring to CBA bulleting for Jan-Jun.

The volume of the loan portfolio at the beginning of the year amounted to 600.8 million manats, and at the end of the first half of the year – 681.6 million manats.

Overdue loans in NBCOs’ loan portfolio have increased by 20% since the beginning of the year up to 50.9 million manats (7.5% of the total loan portfolio). The share of overdue loans at the beginning of the year was 7%. Thus, the NBCOs’ net loans totaled 630.7 million manats.

Since the beginning of the year, NBCOs’ overall assets have grown by 13% up to 854 million manats.