Loan portfolio of Azerkredit expanded by over a third
The active credit portfolio of the non-bank credit organization Ltd. Vision Fund Azerkredit in January-November of this year increased by $ 13.98 million or 33.6% to $ 55.67 million.
The assets of the company for the period increased by $ 16.04 million, or 34.4%, to $ 62.89 million and the total number of its customers increased by 24% to 58.51 thousand people.
The share of problem loans in the portfolio of the company was 0.25%. 33.5% of the borrowers are women (by 7.5 percentage points less than it was at the end of last year).
Ltd. Vision Fund Azerkredit has operated since 2003. For all the time, the company has granted loans totaling $ 151.23 million. The loans are issued for a period of 3 to 30 months, and the amount is in the range $ 100 - $ 10 000. - 15B -
Economics
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