12:07 - 22.05.2025

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May 22, Fineko/abc.az. Non-bank credit organization FinansKredit LLC finished 2024 with profit of 203,000 manats. In 2023, NBCO’s profit amounted to 212,000 manats (a drop of 4% year-on-year).

ABC.AZ informs with reference to NBCO's financial report that Finans Kredit's interest income grew by 3% last year to 731,000 manats, while interest expenses declined by 7% to 238,000 manats.

As of December 31, 2024, the total assets of the NBCO amounted to 3.47 million  manats (11% more than in the previous year). Of this amount, 3.12 million manats account for loans given to customers.
Last year, company's total liabilities dropped from 2.426 million manats to 2.414 million manats, and the total capital grew from 654,000 manats up to 1.56 million manats.