12:20 - 31.05.2024

---

May 31, Fineko/abc.az. Non-bank credit institution Azkredit OJSC completed 2023 with net profit of 1.28 million manats. In 2022, its profit reached 1.32 million mantas (22% less than a year earlier).

ABC.AZ informs, referring to NBCO's financial report that last year Azkredit's interest income totaled 440,000 manats and interest expenses – 39,000 manats. And in 2022, NBCO's revenues were 109,000 manats.

The total assets of Azkredit amounted to 2.63 million mantas (10% more than a year earlier). NBCO's loan portfolio grew from 972,000 manats up to 1.867 million manats.