NBCOs with net profit of over AZN 2.5 million

11:58 - 26.07.2023

July 26, Fineko/abc.az. 15 out of the 52 non-bank credit institutions operating in Azerbaijan completed last year with losses.

ABC.AZ reports that among them are Azfinans, Azmikroinvest, FNC, Azəri Star Mikromaliyyə, Caspian Invest, Asset Financial Technologies, Finans Invest, Executive Credit Agency, Azinvestkredit, Birkart, Azərbaycan Mikro-Kredit, Prior Credit, SF Azerbaijan, Finex Kredit and Para.

The highest level of losses was recorded on Para (AZN 1.825 million) and the lowest on Azfinans (AZN 3,000).

The remaining 37 NBCOs received various (net) profits. In six of them, this figure exceeded AZN 2.5 million: PSG Finans (AZN 5.467 million), Azpul (AZN 3.541 million), Finka Azerbaycan (AZN 3.267 million), Embafinans (AZN 3.17 million), City Finance (AZN 3.06 million) and M Bulak (AZN 2.9 million).

The (net) profit of eight out of the remaining 31 NBCOs ranges from AZN 1 million to AZN 2.5 million, 14 NBCOs - from AZN 100,000 to AZN 1 million, and 9 NBCOs - less than AZN 100,000.