Irshad ends 2025 with loss of 153,000 manats

15:21 - 18.05.2026

May 18, Fineko/abc.az. Non-bank credit organization Irshad LLC (Irşad) completed 2025 with loss of 153,000 manats (2.25-fold more than in 2024), ABC.AZ informs, referring to NBCO’s financial report.

As of January 1, 2026, Irshad's assets amounted to 1.027 million manats (6% less in annual terms). Of them, 495,000 manats account for loans given to clients. In 2025, NBCO's loan portfolio grew 21.5-fold.

Irshad’s liabilities decreased by 100%, while the balance sheet capital increased by 10.4% and reached 1.027 million manats, including the authorized capital, which grew by 25% up to 1.25 million manats.

Irshad was established in 2023. Rashad Gharibov is the 100% founder of the NBCO.