The active loan portfolio of the non-bank credit organization LLC Nakhchivan Credit in January-September this year decreased by $ 6.02 million or 48 % to $ 6.48 million.
Assets of the company during the reported period decreased $ 5.91 million or 48.2 % to $ 6.09 million and the total amount of customers decreased 39.5% to 6,085 persons.
The share of problem loans in the portfolio compared with the beginning of the year remained unchanged and amounted to 0.03%. 49% of the borrowers were women (+1 % relative to the beginning of the year).
For all the time of its activities in the financial market, Ltd. Nakhchchivan Credit issued loans totaling $ 44.194 million.
The company operates on the territory of the Nakhchivan AR. Loans are granted for a period of 9 to 18 months, with the amount in the range of $ 500 - $ 5,000. The rate on loans is up to 30 % per annum. - 15B -
Economics
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