12:07 - 29.07.2022

---

July 29, Fineko/abc.az. FINCA Azerbaijan has published the financial report for 2021.

ABC.AZ reports that the non-bank credit organization received net profit of AZN 2.6 million last year. Thus, the company managed to maintain the positive trend of profitability that has taken place in recent years.

In 2021, FINCA Azerbaijan gave new loans for totally AZN 42 million to customers mainly living in rural areas, thereby increasing its loan portfolio up to 62%.

This business growth was also facilitated by the creation of additional branches in various districts of the country. FINCA Azerbaijan plans to continue improving the efficiency of its activities in 2022, and bring the number of regional branches from 22 up to 28 this year.