Search
Close this search box.

Net loan portfolio of Azerbaijan’s NBCOs rose by 37%

By the end of June 2022, the net loan portfolio of non-bank credit organizations (NBCOs) in Azerbaijan rose to 74.65% of their assets -328.6 million manats.

According to the NBCO survey published by the Central Bank of Azerbaijan, this is up by 6.6% from the end of March.

The loan portfolio of NPOs has grown by 36.6% over the past year.

Note that financial indices of microfinance organizations are disclosed once a quarter.

Source: Turan News Agency