Bank Of Baku

FINCA Azerbaijan gets 4% growth in assets

FINCA Azerbaijan gets 4% growth in assets
# 07 June 2016 11:45 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In 2015, the assets of FINCA Azerbaijan Non Banking Credit Institution (NBCI) made AZN 230.609 mln, up 4.24% from previous year.

 

APA-Economics reports that the liabilities increased 12.64% to AZN 204.133 mln, loan portfolio dropped 5.94% to AZN 173.616 mln, total capital slid 33.82% to AZN 26.476 mln, authorized capital remained unchanged at AZN 2,906,000.

 

Interest incomes shed 4.95% to AZN 63.306 mln, interest expenditures grew 19.15% to AZN 19.364 mln.

 

FINCA Azerbaijan ended 2015 on loss of AZN 13.530 mln. The NBCI reserved AZN 17.363 mln for loss of depreciation on assets yielding interest. 

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