Active credit portfolio of non-bank credit organizations in January-October 2012 decreased by $ 40,000 to $ 33.612 million.
Assets of the company increased during the ten months of this year at $ 1.01 million, or 2.6%, to $ 39.35 mln. The total number of customers decreased 6.5% to 20,070 persons.
The share of bad loans in the total loan portfolio is 1.09%, and their share in micro-credit is 1.09%.
During all-time activities in the financial market, the company issued public loans totaling $ 277.44 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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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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