BAKU/29.01.14/TURAN : The active loan portfolio of non-bank credit organizations (NBCO) that are members of the Azerbaijan Microfinance Association (AMFA) as of December 1, 2013 reached the level of 452.89 million U.S. dollars. Over the period of one year the figure rose to 26.5%.
The share of the top five in the overall portfolio as compared with a year ago rose by 1.6 percentage points to 81.5 %.
Headed the ranking, as a year earlier, Finca-Azerbaycan that expanded its portfolio by 34.7 %. During the reporting period the share of the loan portfolio of the company in the overall index increased by 2.6 percentage points , reaching 43.1% . In the first five the highest growth rate ( 59.6%) was recorded in portfolio Vijn Fond Azerkredit, as a result the company shifted two positions up to 5th place, relegating Aqrarkredit.
The pace of growth of the loan portfolio with 133% led Qafqaz-Kredit, rising one position to 13th place. The greatest decrease in the portfolio as a percentage fixed in Nakhchivan Kredit, which in the ranking of assets in the lead on this indicator. Total reduction in the loan portfolio recorded at 5 companies , and their total portfolio amounted to $ 9.1 million or 2 % of the total. The greatest loss of position ( from 13th to 17th place ) was recorded in Omni Finance that resulted from reducing the company's portfolio by 44%. Proved the most problematic portfolio Finans Texnoloji, whose share of overdue loans in the total portfolio reached 5.7% increase over the year twice . The lowest level of delinquency among newly registered participants (Viza Kredit and Brand Kredit) rankings at zero percent , respectively. This index remained unchanged in only Caspian Invest and Nakhchivan Kredit (0,93% and 0,03%). - 15A -
Ranking of non-bank credit organizations active loan portfolio and overdue loans on December 1, 2013 .
The loan portfolio of the organization on December 1, 2013 (USD)
Organization | Loan portfolio by 1 December, 2013 (USD) | Place | Loan portfolio by 1 December, 2012 (USD) | Place | Change (%) | * Overdue loans (30-180 days) (%) | ** Overdue loans (30-180 days) (%) |
Finca-Azerbaycan | 195 567 900 | 1 | 145 165 921 | 1 | 34,7 | 0,24 | 0,22 |
Vijn Fond Azerkredit | 70 773 059 | 2 | 55 671 156 | 2 | 27,1 | 0,41 | 0,25 |
TBC Kredit | 41 248 776 | 3 | 35 637 458 | 3 | 15,7 | 1 | 0,69 |
KredAgro | 35 570 346 | 4 | 33 597 938 | 4 | 5,9 | 0,42 | 1,01 |
Finance for development | 25 969 233 | 5 | 16 276 085 | 6 | 59,6 | 0,43 | 0,38 |
Mol Bulak | 24 292 496 | 6 | 15 044 827 | 7 | 61,5 | 0,5 | 0,67 |
Aqrarkredit | 23 700 000 | 7 | 20 770 000 | 5 | 14,1 | 1,59 | 0,47 |
Viator Mikrokredit | 17 103 134 | 8 | 12 864 062 | 9 | 32,9 | 0,09 | 0,004 |
Naxcivan Kredit | 4 849 181 | 9 | 13 457 129 | 8 | -64 | 0,03 | 0,03 |
Avrasiya Credit | 2 600 240 | 10 | 2 353 930 | 11 | 10,5 | 3 | 2,4 |
Viza Kredit | 2 480 000 | 11 |
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Azəristar Microfinance | 2 176 347 | 12 | 2 842 545 | 10 | -23,4 | 0,44 | 0,01 |
Qafqaz-Kredit | 1 956 135 | 13 | 839 400 | 14 | 133 | 0 | 0,41 |
Brand Kredit | 1 807 521 | 14 |
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Finans Invest | 1 244 029 | 15 | 1 443 557 | 12 | -13,8 | 0,96 | 1,28 |
Kaspian Invest | 713 238 | 16 | 653 068 | 15 | 9,2 | 0,93 | 0,93 |
Omni Finance | 641 515 | 17 | 1 132 899 | 13 | -44 | 1,02 | 1,05 |
Finans Texnoloji | 193 148 | 18 | 222 517 | 16 | -13 | 5,7 | 2,8 |
Source : AMFA
* Non-performing loans as of December 1, 2013
** Overdue loans as of December 1, 2012
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