12:01 - 9.01.2025

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January 9, Fineko/abc.az. In the financial sector of Azerbaijan, from 2022 to 2023, there was a serious decline in the assets of some non-bank credit organizations (NBCOs).

ABC.AZ reports that the NBCO whose assets are declining the most is Optimal Finance BOKT LLC. Thus, its assets decreased from 3.551 million manats in 2022 to 2.436 million manats in 2023. The decrease amounted to 1.115 million manats or 31.40%.

The second largest decrease was recorded on PARA BOKT OJSC. The assets of this NBCO dropped from 26.648 million manats to 21.109 million manats. The decrease reached 5.539 million manats or 20.79%.

The third place is occupied by Azmikroinvest BOKT LLC. The volume of assets decreased from 1.585 million manats to 1.27 million manats (by 315,000 manats, or by 19.87%).

The next step is Icraçı Kredit Agentliyi LLC. If in 2022 its assets amounted to 1.312 million manats, then in 2023 this figure decreased to 1.104 million manats. In total, a decrease of 208,000 manats or 15.85% was recorded.

Finally, the NBCO ASET Maliyyə Texnologiyaları is in 5th place. The assets of this NBCO fell from 388,000 manats to 331,000 manats (by 57,000 manats, or by 14.69%).