Aqrarkredit extends micro crediting by almost 10%

The loan portfolio of the non-bank credit organization CJSC Aqrarkredit fell in January-October this year by $ 393,000 or 1.9% to $ 20.76 million. During the reported period micro crediting increased by $ 1.52 million or 9.5% to $ 17.54 million.

Assets of the company increased by $ 1.11 million or 3.4%, to $ 34.05 million. The company's customer base increased 12.5% ??to 3,780 persons.

For all the time the organization has issued loans worth 90.4 million manat, including 69.86 million manat of micro credits.

The share of bad loans in the total loan portfolio is 0.49%, and the share of these loans in the micro crediting is 0.47%.

The authorized capital is AZN 18,535,424. The sole shareholder is the State Property Committee. The organization provides individual, group and business loans ranging from 3 to 7 years. The amount of credits varies between $ 100 and $ 100,000. -15B -


Leave a review


Follow us on social networks

News Line