Bank Of Baku

Omni Finance posts rise in client base

Omni Finance posts rise in client base
# 22 February 2010 10:03 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2010 Azerbaijan-based nonbank lending institution Omni Finance’s loan portfolio stood at AZN 350 000, 10% up year-on-year, said Emin Sadigov, chairman of Omni Finance, while authorized stock capital stood at AZN 150 000.

According to him, during this period the institution’s assets increased by 30% to AZN 200 000 and number of clients rose by 15% to 100.

Owned by 3 local individuals, Omni Finance launched operation in 2003.

It currently operates branches in Beylagan, Agdjabedi and Sumgait.
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