Avrasiya-Kredit’s net profit plummeted

10:57 - 2.06.2026


June 2, Fineko/abc.az. NBCO Avrasiya-Kredit LLC completed 2025 with net profit of 484,000 manats (30.8% less against 2024).

At the same time, last year the pre-tax profit of the institution decreased by 30.7% to 605,000 manats and income tax expenses by 30.9% to 121,000 manats.

Despite the decline in profits, Avrasiya-Kredit continued to expand its operations, ABC.AZ informs with reference to NBCO’s financial statements.

As of January 1, 2026, NBCO's assets grew by 11.1% year-on-year and reached 5.19 million manats. The loan portfolio, which makes up the bulk of assets, increased by 4% to 4.53 million manats.

Avrasiya-Kredit's liabilities grew by 8.1% up to 483,000 manats. At the same time, the balance sheet capital also showed a rise of 11.4% up to 4.71 million manats.