The active loan portfolio of non-bank credit organization LLC Vision Fund Azerkredit in January- September 2013 increased by $ 12.44 million or 21.9% to $ 69.36 million.
Assets of the company during the reporting period increased by $ 14.41 million or 21.4 % to $ 81.75 million and the total number of customers increased 11.8% to 71.47 thousand people.
The share of problem loans in the portfolio of the company rose by 0.06 percentage points to 0.27 %. 34.31 % of the borrowers were women (0.81% more than in late 2012).
Ltd. Vision Fund Azerkredit has operated since 2003. For all the time the company has issued loans totaling $ 159.88 million. The loans are issued for 3 to 30 months , with the amount in the range of $ 100 - $ 10,000 . - 15B -
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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