12:13 - 31.05.2024

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May 31, Fineko/abc.az. Non-bank credit organization Optimal Finance completed 2023 with loss of 472,000 manats versus profit for 2022 (424,000 manats).

ABC.AZ informs with reference to NBCO's financial report that in 2023, Optimal Finance's interest income amounted to 364,000 manats (63% less against 2022) and interest expenses – 96,000 manats.

Optimal Finance’s assets totaled 2.436 million mantas (31.4% less than a year earlier). NBCO's loan portfolio reached 814,000 manats. Thus, company’s loan portfolio has decreased almost 3-fold.

NBCO Optimal Finance was registered in 2020 and received a license from the Central Bank in the same year.