17:48 - 17.08.2023

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Non-bank credit institution Finca Azerbaijan completed the first half of 2023 (January-June) with a net profit of AZN 840,000. The organization completed 2022 with a net profit of AZN 3,267,000, and 2021 with a net profit of AZN 2,611,000.

The company's semi-annual report notes that in the first half of 2023, Finca Azerbaijan's interest income amounted to AZN 8,052,000, non—interest income made AZN 222,000, operating profit after deducting operating expenses made AZN 1,004,000. The organization paid AZN118,000 of income tax.

On June 30, 2023, the net loan portfolio of Finca Azerbaijan (loans issued to customers) reached AZN 52,833,000. At the end of last year, the total amount of loans issued by the organization to customers (net) amounted to AZN 44,875,000. Thus, in the first 6 months of this year, the net loan portfolio of Finca

Azerbaijan increased by AZN 7,958,000.
As of June 30, 2023, Finca Azerbaijan employed 303 people.
The 100% founder of Finca Azerbaijan is FINCA Coöperatief U.A.