FINCA Azerbaijan’s net profit amounted to AZN 2.612 million


May 26, Fineko/ FINCA Azerbaijan, having received the net profit of AZN 2.612 million in 2021, managed to maintain the positive trend of profitability that the company has achieved in recent years.

ABC.AZ reports that according to the NBCO's financial indicators, in 2021 FINCA Azerbaijan gave new loans in the amount of AZN 42 million to customers mainly living in rural areas, thereby increasing its loan portfolio to 62%.

This business growth was also facilitated by the creation of additional branches in various regions of the country.

FINCA Azerbaijan plans to continue improving the efficiency of its activities and increase the number of regional branches from 22 to 28 in 2022.