NBCOs with reduced loan portfolio

12:26 - 18.07.2023

July 18, Fineko/abc.az. Out of 52 non-bank credit organizations in Azerbaijan, the loan portfolio of 13 ones as of January 1, 2023 was less than the annual one.

ABC.AZ reports that among them are the Executive Credit Agency, TCF, Brand Credit, Finex Kredit, Kafqaz Kredit, Finans Invest, Azeri Star Micromaliya, Kredit Servis, Caspian Invest, Azmikroinvest, Para, Azinvestkredit and BirKart.

The largest decrease was recorded on BirKart (100%) and the smallest on the Executive Credit Agency (2.6%).

The loan portfolio of 5 NBCOs - Pro Kredit, Finkapital, FNC, Aset Financial Technologies and SF Azerbaijan was formed last year.

And the loan portfolio of the remaining 34 NBCOs observed an increase. The highest dynamics was recorded on Fintrend (48.4 times) and the lowest on Effektinvest (0.3%).