12:13 - 1.09.2026

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September 1, Fineko/abc.az. Express Lombard OJSC concluded the first half of 2026 with a sharp contraction and a decline in net profit.

Key Financial Indicators:

• Net Profit: 275 thousand manats (down by 16% or 53 thousand manats compared to the same period last year).

• Total Assets: Decreased by half, falling from 5 million manats to 2.5 million manats.

• Cash and Cash Equivalents: Dropped from 887 thousand manats to just 2.5 thousand manats.

• Loan Portfolio: Contracted by approximately half, declining from 3.88 million manats to 2.05 million manats (short-term loans fell 4-fold, while long-term loans decreased by 44%).

• Liabilities and Equity: Liabilities fell from 3.71 million manats to 1.225 million manats, while total equity decreased from 1.33 million manats to 1.275 million manats.