NBCOs with growing commitments

12:16 - 19.07.2023


July 19, Fineko/abc.az. As of January 1, 2023, 18 out of the 52 non-bank credit organizations in Azerbaijan had obligations less than a year ago.

ABC.AZ reports that among them are Aqrarkredit, TCF, TBC Kredit, Optimal Finance, Premier Kredit, Effektinvest, Pro Kredit, Brand Credit, Nas Project, Para, Azkredit, Azmikroinvest, Finans Invest, Qafqaz-Kredit, Caspian Invest, Kredit Services, Executive Credit Agency and Birkart.

The largest decrease was recorded on Birkart (97.7%) and the smallest on Aqrarkredit (1%).

The obligations of two NBCOs — Aset Maliyyə Texnologiyaları and Finkapital — were formed last year. The obligations of two NBKOs - Azəri Star Mikromaliyyə and Azinvestkredit remained unchanged.

And the remaining 30 NBCOs have increased obligations. The highest dynamics was recorded on Fintrend (24.2-fold) and the lowest on Finoko and PSG Finans (2.1%).