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Azerbaijan's 'International' non-banking credit organization completes 1Q2022 with net profit

Finance Materials 2 September 2022 11:41 (UTC +04:00)
Azerbaijan's 'International' non-banking credit organization completes 1Q2022 with net profit
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 2.'International' Azerbaijani non-bank credit organization (NBCO) completed the first quarter of 2022 with a net profit of 946,890 manat ($556,994), Trend reports citing the company's financial report.

According to the reports, the company's interest incomes amounted to 4.4 million manat ($2.5 million), non-interest income - 1.09 million manat ($641,176).

The non-interest expenses of company amounted to 1.1 million manat ($647,058) in the first half of 2022, non-interest expenses - 3.02 million ($1.7 million).

The company's profit before taxes amounted to 946,930 manat ($557,017).

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