BAKU, Azerbaijan, May 28. The net profit of non-banking credit organization (NBCO) Pro Kredit LLC by the end of 2023 amounted to 69,000 manat ($40,589) (a year-on-year increase of 46.8 percent compared to the figure of 2022) in Azerbaijan, Trend reports.
According to NBCO's financial report, as of January 1, 2024, NBCO's assets amounted to 2.7 million manat ($1.5 million) (2.6 percent reduction), and customer loans amounted to 2.4 million manat ($1.4 million).
Furthermore, NBCO's liabilities as of the end of 2023 amounted to 1.6 million manat ($941,000) (a decrease of 7.9 percent), and its balance sheet capital - 1.1 million manat ($647,000) (an increase of 6.5 percent)
To note, Premier Kredit NBCO was established in 2011. The authorized capital of the company is 1.1 million manat ($647,000).
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