Net profit of Kredex LLC observed decline

12:38 - 1.06.2026


June 1, Fineko/abc.az. Kredex LLC completed 2025 with net profit of 1.095 million manats (15.6% less than in 2024), ABC.AZ infroms with reference to NBCO’s financial report.

Last year, Kredex's pre-tax profit totaled 1.369 million manats (15.7% less than a year earlier) and income tax payments - 274,000 manats (16% less).

As of January 1, 2026, Kredex's assets reached 13.288 million manats (7.3% more than a year earlier). Of them, 13.047 million manats accounted for loans given to customers. In 2025, NBCO's loan portfolio grew by 9.5%.

Kredex's liabilities increased by 10.3% up to 11.893 million manats, while its balance sheet capital lowered by 12.7% to 1.395 million manats.