Azerbaijan, Baku, Dec. 30 /Trend/
For the convenience of the client services FINCA Azerbaijan Non-Banking Credit Organization expands its branch network. In the first months of the 2013th FINCA Azerbaijan will open 2 new branches in Ismayilli and Binyagyadi, the company's press-release said on Sunday.
From the beginning of 1998 branches located in Baku have been providing microfinance services to entrepreneurs in Binyagyadi, and since 2007 Shamakhi branch provides microfinance services to entrepreneurs in Ismayilli. The opening of 2 new branches will provide better and faster service for entrepreneurs engaged in the agriculture, trade and service. With the help of the cash which will start functioning in the new branches the receipt and payment of loans will become more convenient.
Both branches will give customers credit products up to $ 50,000.
During 14 years of activity FINCA Azerbaijan with 29 branches and 35 offices across the country provides financial services to more than 135,000 customers. Total credit portfolio of FINCA Azerbaijan is about $150 million. According to these indicators FINCA Azerbaijan is not only the largest microfinance organization but also ranks among the largest banks in the country.