Non-bank credit organization “Prior Credit” has published its financial indices for 2022. The credit organization suffered a loss of 0.3 million manats last year, which is down by 34.2% from a year earlier. Note that as of the beginning of this year “Prior Credit”s assets amounted to 28.1% more than at the beginning of the last year – 3.3 million manats, including a loan portfolio 35% more – 3.2 million manats. Liabilities of NBCO amounted to 1.2 million manats (11 times more), the balance sheet capital -2.1 million manats (13.9% less), including the authorized capital -3 million manats (unchanged).

Source: Turan News Agency