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FINCA Azerbaijan increases loan portfolio by 26%

FINCA Azerbaijan increases loan portfolio by 26%

06 December 2011 07:41 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of November 1, 2011, loan portfolio of FINCA Azerbaijan non-banking credit organization made $106.363 mln, up 26.4% compared to beginning of the current year.

During the reporting period, the volume of group credits rose 21.45 to $61.721 mln, individual credits increased by 34% to $44.642 mln.

The number of total customers rose 20% to 116,994, as well as number o group customers increased by 16.1% to 85,665, number of individual customers soared 305 to 31,329.

Remind that, FINCA Azerbaijan non-banking credit organization has been in operation since 1998.

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