17:46 - 3.06.2026

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June 3, Fineko/abc.az. The financial situation of non-bank credit organization Finance for Development LLC for 2025 has been published.

ABC.AZ informs, referring to company's report, that the net profit of the credit institution last year amounted to 865,752 manats. In 2024, this sum reached 685,532 manats.

NBCO’s net interest income totaled 3.39 million manats, interest expenses – 396,000 manats, administrative and operating expenses – 2.251 million manats, and expenses for duties and commissions – 130,000 manats.

At the end of 2025, NBCO’s overall assets amounted to 12.314 million manats. Loans and advances to customers made up 89.1% of assets, amounting to 10.971 million manats. The loan portfolio increased by 723,000 manats (7.1%).

Company's liabilities grew by 138,000 manats, or by 4.2%, up to 3,392 manats.

As a result, at the end of last year, the total capital of NBCO Finance for Development LLC amounted to 8.921 million manats.