12:33 - 5.06.2024

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June 5, Fineko/abc.az. Non-bank credit institution Azmikroinvest LLC also ended 2023 with a loss. The credit institution suffered a loss of 32,000 manats. In 2022, its loss amounted to 12,000 manats

ABC.AZ reports that last year its total interest income reached 123,000 manats (31% less than a year earlier). This means that it remains in the opposite direction compared to most market participants. Currently, the interest income of many non-bank credit institutions in the country in 2023 is more successful than a year earlier.

The decline in the NBCO was also observed in its balance sheet. Thus, the volume of assets of Azmikroinvest fell from 1.585 million manats to 1.27 million manats. At that, the volume of loans given to customers increased from 860,000 manats up to 1.134 million.

The amount of accumulated damage on the balance sheet is estimated at 32,000 manats. The authorized capital was reduced by 411,000 manats for the reported term.