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“PSG Finans” gained profits

“PSG Finans” Non-bank Credit Organization LLC completed the year with net profit of 117,000 manat.
The balance sheet of the Company for December 31, 2015 shows that the interest income amounted to 448,000 manat last year.
In 2015, the volume of loans extended by NBCO to clients increased by 83% to 960 million manats to 1 million 756 thousand manat.
As of December 31, 2015, the total assets of PSG Finans amounted to 3 million 579 thousand manats. This amount is 91% more than the end of 2014.
At the end of last year, the authorized capital of the organization amounted to 1.7 million manat. PSG Finans had a charter capital of 1 million manat at the end of 2014.
Last year, the liabilities of the company increased 2 times to 847,000 manats to 1 million 729,000 manat.

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