17:50 - 6.05.2026

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May 6, Fineko/abc.az. The net profit of NBCO Kredex CJSC in 2025 reduced by 16% compared with the previous year to 1.95 million manats.

In 2024, this figure was 1.298 million manats.

ABC.AZ reports, referring to company’s financial statements, NBCO's interest income increased by 22% last year and reached 4.75 million manats. Kredex’s interest expenses grew by 54% and exceeded 1.3 million manats. Company's administrative and other operating expenses increased by 44%. Employee expenses grew from 746,000 manats up to 935,000 manats (+25.3%).

The volume of loans given to customers increased from 11.91 million manats up to 13.05 million manats. Company's overall assets grew by 7.3% up to 13.29 million manats.