For past 9 months, NBCOs received interest income for 233 million manats

15:38 - 24.10.2024


October 24, Fineko/abc.az. In 9 months of 2024, the non-bank credit organizations of Azerbaijan received 233 million manats of interest income.

ABC.AZ reports with reference to the Central Bank of Azerbaijan that the figure is 100 million manats or 76% more than a year ago.

Of them, 230.7 million manats were formed from loans given to customers, which is 98.1 million manats (74%) more than a year earlier.

Interest expenses amounted to 27.1 million manats (6.9 million manats or 34% more than a year earlier).

As a result, NBCOs’ net interest income totaled 205.9 million manats (93.4 million manats or 83% more than last year).

Over Jan-Sept 2023, NBCOs’ interest income reached 132.7 million manats, interest expenses - 20.1 million manats, net interest income - 112.5 million manats.