The active loan portfolio of non-bank credit organization LLC Vision Fund Azerkredit in January -August 2013 increased by $ 11.63 million or 20.4% to $ 68.553 million.
The assets of the company for the period increased by $ 12.28 million, or 18.2 %, to $ 79.61 million and the total number of customers increased by 18.1% to 70.59 million persons.
The share of problem loans in the portfolios of society has increased by 0.05 percentage points to 0.26%. Among borrowers 34.22 % were women (0.72% more than in late 2012).
Ltd. Vision Fund Azerkredit has operated since 2003. Total the company has issued loans totaling $ 159.88 million. The loans are from 3 to 30 months, with the amount in the range $ 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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