NBCOs with reduced balance sheet capital

16:18 - 20.07.2023


July 20, Fineko/abc.az. The balance sheet capital of 18 out of 52 non-bank credit organizations in Azerbaijan was less than the annual one as of January 1, 2023.

ABC.AZ reports that among them are Azfinans, Kredit Servis, Finans Kredit, Azkredit, FNC, Pro Kredit, Azmikroinvest, Finans Invest, Icraçı Kredit Agentliyi, Merkuri, Azeri Star Mikromaliyyə, Brand Credit, Prior Credit, Caspian Invest, Azerbaycan Mikro-Kredit, Aset Financial Technologies, Azinvestkredit and Finex Kredit.

The largest decrease was recorded on Finex Kredit (49%) and the smallest on Azfinans (1.3%).

The balance sheet capital of one NBCO (Effectinvest) remained unchanged.

The deficit of the balance sheet capital of 2 NBCOs SF Azerbaijan and Para increased by 11.3 times and 12.1%, respectively.

And the remaining 31 NBCOs have increased their balance sheet capital. The highest dynamics was recorded on Azpul (51.6-fold) and the lowest on Embafinans (1.1%).