NBCOs’ net profit last year totaled 157.07 million manats

16:27 - 30.01.2025


January 30, Fineko/abc.az. The non-bank credit organizations (NBCOs) operating in Azerbaijan made net profit of 157.07 million manats by the end of 2024 (107% more against 75.78 million manats in the previous year).

ABC.AZ informs that NBKOs’ interest and other income of this kind amounted to 246.44 million manats (31% more than in 2023).

The main part of the income - interest income on loans - amounted to 243.2 million manats.

Interests and related expenses increased to 37.03 million manats. As a result, net interest income grewby 31% up to 209.413 million manats.