NBCO International's interest expenses increased sharply

10:54 - 1.06.2026

June 1, Fineko/abc.az. NBCO International has published a report for 2025.

ABC.AZ informs that it follows from the report that last year NBCO's interest expenses grew by 47.4% up to 5.71 million manats.

Overall increased by 34% up to 17.5 million manats. As a result, pre-tax profit observed growth by 16.7% up to 7.03 million manats.

By the end of 2025, overall assets of NBCO International amounted to 60.65 million manats (33.2% more than a year earlier). The volume of loans given to customers increased by 51.26 million manats (a rise of 35%). The loan portfolio formed 84.5% of assets, which indicates that the main activity of the company remains dependent on lending. The main source of asset growth was expansion of the loan portfolio.

At the same time, the loan loss reserves in the portfolio grew more than 23-fold.