Omni Finance gets 22% decline in assets

Namig Huseynov
Author

Baku. 4 October. REPORT.AZ/ As of January 1, 2018, the assets of the Non-Banking Credit Institution (NBCI) ‘Omni Finance’ stood at AZN 2.934 million, down 22.3% from the previous year, Report informs citing the NBCI’s financial statement.

Net loans given to customers dropped by 31.7% to AZN 2.111 million, liabilities fell by 22.4% to AZN 2.859 million, total capital dropped by 20.2% to AZN 75,000.

Omni Finance ended 2017 on loss of AZN 19,000, while it ended 2016 on profit of AZN 129,000. 

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