CredAgro credit portfolio grew in January -August, up 7%
The active loan portfolio of non-bank credit organization LLC CredAgro within 8 months of the year increased by $ 2.26 million, or 7 percent to $ 34.391 million.
Assets of the company have increased over the period by $ 2.1 million or 5.4 % to $ 40.574 million total number of customers decreased by 5.3 % to 17.99 million persons.
The share of problem loans portfolios fell by 0.41 percentage points, reaching 0.98 percent.
Total activity in the financial market, the company issued public loans totaling $ 309.398 million.
CredAgro provides loans for a period of 3 to 60 months. The loan amount varies from $ 500 - $ 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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