Non-bank Credit Organization Premier Credit Completed 2016 with Profit of 67,000 Manat
The assets of the non-bank credit organization (NBCO) Premier Credit in 2016 increased by 2 million 469.903 thousand manat or 90%, amounting to 5 million 208.695 thousand manat.
During the reporting period, the liabilities of the organization increased by 104% or 2 million 475.409 thousand manat and made up 4 million 837.991 thousand manat.
For the specified time, the capital of the credit organization decreased by 4% or 15,506 manat, amounting to 370,704 manat.
In 2016, Premier Credit issued loans to customers for a total of 5 million 8 thousand manat, which is 2 million 539.488 thousand manat more than in 2015.
Last year, the organization showed a net profit of 67,705 manat.
The authorized capital of the organization for the year increased from 10,000 manat, amounting to 310,000 manat.
Shareholders of the company are Mehdiyeva Shahla Mukhtar Gizi - 34%, Azizova Valida Ilham Gizi - 33%, and Bakhshalieva Ilaha Enver gizi - 33%. 71D
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