Bank Of Baku

FINCA Azerbaijan increases loan portfolio by 22%, in 2010

FINCA Azerbaijan increases loan portfolio by 22%, in 2010
# 01 February 2011 08:22 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2011, the loan portfolio of FINCA Azerbaijan non-banking organization stood at $ 84.147 mln, up 21.5% from year ago.

Company says the group loan rose 25.4% to $ 50.822 mln, private loan soared 16.1% to $ 33.325 mln.

Total number of customers increased by 8% to 97 819 persons and 73 753 of these were group customers, 24 066 – private customers. Group customers rose 7.9%, private customers surged 8.5% during the same period.

Remind that, FINCA Azerbaijan has been in operation since 1998.
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