Loan portfolio of Vision Fund Azercredit grew by 22.6 %

BAKU/20.12.13/TURAN : The active loan portfolio of non-bank credit organization LLC Vision Fund Azercredit in January-October 2013 increased by $ 12.89 million or 22.6% to $ 69.81 million.

Assets of the company during the reporting period increased by $ 19.65 million or 29 % to $ 86.99 million, while the total number of customers increased by 20.6% to 72.07 thousand people .

The share of problem loans in the portfolios of the company increased by 0.14 percentage points to 0.35 %. 34.59 % of borrowers were women ( 1.1 pp more than in late 2012) .

Ltd. Vision Fund Azercredit has operated since 2003 . For all the time the company has issued loans totaling $ 159.88 million in loans are issued for 3 to 30 months , with the amount in the range of $ 100 - $ 10,000 . - 15B -

 

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