Search
Close this search box.

Azerbaijan has raised NBCOs obligations by 31%

As of the end of September 2022, non-bank credit organizations of Azerbaijan (NBCOs) had obligations in the amount of 273.9 million manats.

 

According to the NBCOs survey published by the Central Bank of Azerbaijan, this is up by 8.1% from the end of June.

 

Note that NBCOs’ liabilities grew by 22.1% as compared to the end of the last year and by 31.1% over the past year. Financial indices of microfinance organizations are disclosed once a quarter

 

Source: Turan News Agency