Premier Kredit announces profit - Report

11:27 - 10.03.2023


March 10, Fineko/abc.az. Non-bank credit organization Premier Kredit LLC completed 2022 with net profit of 51,000 manats.

ABC.AZ informs with reference to the annual audit report, the NBCO says that in 2022, NBCO's interest income grew by 6% up to 218 manats, and net interest income more than doubled up to 63,000 manats.

Taking into account taxes and other payments, NBCO’s net profit increased 2.2-fold compared with the previous year and reached 51,000 manats. In 2022, the assets of NBCO Premier Kredit grew by 0.2% up to 1.46 million manats. The loan portfolio is 1.32 million mantas of assets. Compared with the previous year, it increased by 25,000 manats. And the liabilities decreased by 60,000 manats up to 1.16 million manats, most of which were to financial institutions.

Premier Kredit’s authorized capital remained unchanged and amounted to 400,512 manats.