TBC Kredit portfolio has grown over 10 months by almost 10%
Credit portfolio of non-bank credit organization TBC Kredit expanded in January-October 2013 by $ 3.62 million, or 9.9% to $ 40.11 million. During the reporting period the company's micro crediting increased $ 2.19 million or 25.4 % to $ 10.52 million.
Assets of the company increased $ 4.18 million or 10.9% to $ 42.25 million and the customer base expanded by 14 percent to 4,140 persons.
The share of problem loans in total loan portfolio increased 0.26 percentage points to 0.83 %, and the share in the micro crediting - by 0.34 percentage points to 0.52 %.
The company has credited a total of $ 154.013 million, of which $ 34.601 million was micro credit.
TBC Kredit provides loans for a period from one year to 10 years. Loan amount varies from 300 to 200 000 manat. The interest rate starts from 18 percent and above. The portfolio is traditionally dominated by business loans. -15D-
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- Economics
- 9 December 2013 14:38
Economics
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