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Last year “Optimal Finance” non-banking credit organization gained net profit of AZN 0.1 million

Non-bank credit organization “Optimal Finance” (NPO) has announced its financial performance for 2021.

Last year the credit organization gained a net profit of AZN 0.1 million (previous year it finished with a small loss).

From the beginning of the year the assets of “Optimal Finance” amounted AZN 2.9 million which is up by 9 times from the beginning of the last year, including a loan portfolio 9 times more – AZN 2.4 million. Liabilities of NPO amounted to AZN 2.5 million (sharp increase), and book capital – AZN 0.4 million (up 26.7%), including authorized capital – AZN 0.3 million (unchanged).

Source: Turan News Agency