Baku, Azerbaijan, Nov. 12
Trend: FINCA Azerbaijan non-banking credit organization is increasing its branches in the country's central region, the organization's message said on Nov. 12.
According to the message, the FINCA Azerbaijan held the opening ceremonies of a new sub-office in Qobustan and Ismayilli branch.
The ceremonies were attended by managers of FINCA Azerbaijan and clients as well as representatives of local Executive Committees and other financial institutions. The guests got acquainted with the modern and wide branch offices and sub-offices, received information about the successful implementation of social and other projects of FINCA Azerbaijan. Clients who cooperated with FINCA for a long period were presented gifts.
Both offices offer a variety of loan products of FINCA in amount of $50-$100,000 for the entrepreneurs working in the region and engaged in manufacturing, trade, services and other.
During 14 years of its 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.
