Non-bank credit organization “Agrarkredit” (NBCO) has announced its financial performance for 2021. Last year the credit organization gained a net profit of AZN 1.2 million.

This is up by 37.4% from a year earlier.

In the reviewed period “Agrarkredit” gained AZN 1.5 million of pretax profit and paid AZN 0.3 million of profit tax.

Note that by the beginning of the year the assets of “Aqrarkredit” amounted to AZN 12.101.1 million, including loan portfolio by 13.7% more – AZN 84 million. Liabilities of NPO amounted to AZN 12.075.7 million (1.1% less), and book capital – AZN 25.4 million (4.1% more), including authorized capital – AZN 22.7 million (unchanged).

Source: Turan News Agency