Non-banking credit organization “Kepez” presented its financial report for last year

Non-banking credit organization “Kepez” has announced its financial performance for the year 2021.

Last year the credit organization earned a net profit of AZN 43,000 which is down by 76% from the previous year.

From the beginning of the year the assets of NBCO “Kepez” made up 64.7% – AZN 5.1 million, including 37.8% of the loan portfolio – AZN 3.8 million. NPO’s liabilities made AZN 3.8 million (81.1% more) and book capital – AZN 1.3 million (29.8% more), including authorized capital – AZN 1.2 million (2.1 times more).

Source: Turan News Agency