NBCOs with the worst disposition of their assets

Union Credit used its assets in the worst way last year among the 36 NBCOs operating in Azerbaijan.

banks.az reports that its last year's loss made up 2.1% of assets. In terms of the ratio of annual profit to assets, Viza Kredit occupies the 2nd place (44.9%) and Executive Credit Agency - 3rd place (36.2%). Eight NBCOs (Asset Financial Technologies, Azeri Star Micromaliya, Azpul, Caspian Invest, Finans Kredit, Omni Finance, Para and Pro Credit) did not submit a report for 2020, and four NBCOs (AzFinance , Azcredit, FNC and Nas Project) entered the microfinance market in 2021.