The Norwegian organization earned a net profit of 0.6 million manats in the Azerbaijani market last year
The Norwegian organization earned a net profit of 0.6 million manats in the Azerbaijani market last year
The Azerbaijani non-bank credit organization "Viator Micro Kredit Azerbaycan"– a subsidiary of the Norwegian organization "Viator AS", has released its financial indices for 2023.
Last year, the credit structure earned a net profit of 0.6 million manats, which is up by 4 times from a year earlier.
As of the beginning of this year, the assets of "Viator Micro Kredit Azerbaycan" were 22.5% more than at the beginning of the last year – 8.8 million manats, including a loan portfolio 29.5% more – 8.1 million manats. Liabilities of the NBCO amounted to 3.7 million manats (38.3% more), the balance sheet capital - 5.1 million manats (13.2% more), including the authorized capital -0.7 million manats (unchanged).
Finance
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As of the end of June 2024, the 'Mortgage and Credit Guarantee Fund' had deposits in Azerbaijani banks in the amount of AZN 4.6 million. This is reported in the semi-annual financial statements of the Fund.
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