The credit portfolio of non-bank credit organization CJSC Aqrarkredit expanded in January- September this year by $ 1.1 million or 5.3 % to $ 21.77 million. During the reporting period microcredit increased $ 2.19 million or 12.3 % to $ 19.95 million.
Assets of the company increased $ 640 thousand or 2.1 %, to $ 34.59 million and the customer base decreased to 9,646 thousand persons.
Totally the organization has issued loans worth 106.4 million manat, including 86.4 million manat of microcredit .
The share of problem loans in the total loan portfolio increased 1.21 percentage points to 1.69 %, and micro-credit - by 0.06 percentage points up to 0.48%.
At present, the authorized capital of the company amounts to 18,535,424 manats. The only shareholder is the State Property Committee. The organization provides individual, group and business loans for a period of 3 to 7 years. The loan amount varies between $ 100 and $ 100 000. - 15B-
Economics
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