"FINCA Azerbaijan” non-banking credit organization (NBCO) earned net profit of over $500, 000 for year's first half
"FINCA Azerbaijan” non-banking credit organization (NBCO) earned net profit of over $500, 000 for year's first half
Non-banking credit organization (NBCO) “FINCA Azerbaijan”, a subsidiary of American financial giant "Finca International", has published financial indices for the first half of 2024.
The NBCO's net profit for January-June amounted to about AZN 0.9 million, or over USD 500, 000. This is up by 5% from the same period of the last year.
Finance
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The Central Bank of Azerbaijan (CBA) has approved the ‘Concept of Policy on Risk-Based Control’. This is reported on the website of the structure.
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If 2 years ago a share of local revenues in the budget of the Nakhchivan Autonomous Republic was 20-25%, by this year's end a share of local revenues will exceed 50%.
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The Central Bank of Azerbaijan (CBA) has given binding instructions to 'Azsığorta', 'Atəşgah Insurance', 'İpək Yolu Insurance', 'Xalq Həyat Insurance', 'Aqrar Insurance' and 'AzRe Təkrarsığorta'. This is reported on the CBA website.
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The NBCO 'Para will hold a regular general meeting of shareholders on 4 February at 11:00.
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