Net profit of Azerbaijan's NBCOs last year totalled 157 million mantas

The Central Bank of Azerbaijan has published a review of non-banking credit organisations (NBCOs) for 2024. According to the document, last year the local NBCOs gained a net profit of 157.1 million manats, which is up by 2.1 times from a year earlier. In the reporting period, NBCOs gained 246.4 million manats of interest income, 191.9 million manats of non-interest income, 0.6 million manats of unexpected income, incurred 37 million manats...

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