Non-bank credit organization (NBCO) ‘Pro Kredit’ has published its financial indices for 2022. Last year, the credit organization made a profit of 0.05 million manats which is up by 20.5% from a year earlier. As of the beginning of this year, “Pro Kredit”s assets were down by 7.7% from the beginning of the last year – 2.875 million manats, including a newly formed loan portfolio of 2.7 million manats. NBCO liabilities amounted to 1.8 million manats (7.6% less), the balance sheet capital -1.1 million manats (7.9% less), including the authorized capital -1.1 million manats (unchanged).
Source: Turan News Agency