The active credit portfolio of the non-bank credit organization Ltd. CredAgro for eleven months of last year was reduced by $ 54 million or 0.2 percent to $ 33.598 million
The assets of the company for the period increased by $ 772,000 or 2% to $ 39.11 million and the total number of its customers decreased 14.2% to 19,870 persons.
The share of bad loans in the total loan portfolio is 1.01%, and this share in the micro-crediting is 1.01%.
In its all-time activities in the financial market, the company has issued loans totaling $ 280.798 million.
CredAgro provides loans ranging from 3 to 60 months. The loan amount ranges from $ 500 to $ 120 000. The interest rate on agricultural loans is 24%, trade and business - 25-28%, consumer credit - 30-36%, express loans - 36% and leasing - 25% per annum. - 15B -
Economics
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Croatian Prime Minister Andrej Plenković announced enhanced efforts by Croatia to protect the Adriatic Sea and advance renewable energy projects during his address at the COP29 summit in Baku on Wednesday.
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Italian Prime Minister Giorgia Meloni on Wednesday called for collective action to limit global warming to 1.5 degrees Celsius during her address at the COP29 summit in Baku, emphasizing the need for a united response to the climate crisis.
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Greek Prime Minister Kyriakos Mitsotakis on Wednesday urged European leaders to pursue a "smart green deal" at the COP29 summit in Baku, advocating for a balanced approach to the energy transition that takes into account both environmental and economic realities.
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