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FINCA Azerbaijan non-bank credit organization’s assets increase in 2021

Finance Materials 1 February 2022 09:45 (UTC +04:00)
FINCA Azerbaijan non-bank credit organization’s assets increase in 2021

BAKU, Azerbaijan, Feb. 1

By Nazrin Israfilova - Trend:

The assets of FINCA Azerbaijan non-bank credit organization have increased by 35 percent or 9.2 million manat ($5.4 million) in 2021 compared to 2020, FINCA Azerbaijan told Trend .

The total assets for 2020 amounted to 35.4 million manat ($20.8 million).

According to the message, the main contribution to the asset growth in 2021 was made through the loan portfolio, which grew by 28 percent compared to 2020.

FINCA Azerbaijan issued the loans to customers in the amount of 41.8 million manat ($24.6 million) in 2021.

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