Nakhchivan Credit Portfolio Grew in the First Six Months of 2012 by 26.4%
The active credit portfolio of the non-bank credit organizations Ltd. Nakhchivan Credit in January-June this year increased by $ 2.74 million or 26.4% to $ 13.13 million.
The assets of the company for the period increased $ 2.77 million or 27.2% to $ 12.94 million and the total number of the customers increased by 12.7% to 9.9 thousand people.
The share of problem loans in the company's portfolio rose by 0.01 percentage points to 0.02%. 49% of the borrowers are women (no change to the beginning of the year).
For all the time, the company has granted loans totaling $ 31.94 million.
Ltd. Nakhchivan Credit operates in the Nakhchivan Autonomous Republic. Loans are issued for a period of 9 to 18 months and the amount range from $ 500 to $ 5,000. The lending rate is 30% per annum. - 15B -
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