News

Learn the latest about FINCA Azerbaijan and our work in your community.

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  • News 03-02-2023

    Baku, 03.02.2023 – FINCA Azerbaijan NBCO loan portfolio surpassed 50 million AZN during 2022 and this leading microfinance organization's loan sales grew by 39%.

  • News 10-08-2022

    Bakı, 10.08.2022 – 2022-ci ilin avqustun 2-dən 5-nə kimi “FINCA Azerbaijan”ın Müşahidə Şurasının üzvləri baş ofisə səfər edib, Azərbaycanın bu aparıcı bank olmayan kredit təşkilatının biznes fəaliyyətinin inkişafı imkanlarını və mikromaliyyə seqmentində gələcək perspektivlərini müzakirə etmək üçün rəhbərlik və heyət üzvləri ilə görüşlər keçiriblər.

  • News 29-07-2022

    Bakı, 29.07.2022 – 2022-ci ilin yarımillik nəticələrinə əsasən, “FINCA Azerbaijan” ötən ilin eyni dövrü ilə müqayisədə kredit portfelini 25% artıraraq Azərbaycanda mikromaliyyə sahəsində müştərilərinə uğurla xidmət göstərməyə davam edir.

  • News 29-06-2022

    Baku, 29.06.2022 – The leading microfinance organization in the country, FINCA Azerbaijan, launched a third placement of interest-bearing, unsecured, non-documentary registered bonds in the amount of 3 million AZN at the Baku Stock Exchange (BSE) on June 28, 2022. This listing is the third in a row for this well-known non-banking credit organization, which successfully raised 6 million AZN from local investors in the previous BSE listings over the last six months.

  • News 13-05-2022

    Baku, 10.05.2022 – Well-known for its financial services to micro and small business clients in different regions of the country, FINCA Azerbaijan has closed the 1st quarter of 2022 with 24% net income growth compared with the same period of last year. The first quarter performance results also report a 22% increase in the loan portfolio of this leading microfinance organization in Azerbaijan compared with the same period of last year.

  • News 12-04-2022

    On 11 April 2022 FINCA Azerbaijan team members took part in a tree-planting event in Mushvigabad settlement of Baku where some 6,000 eldar pines and olive trees suitable to the climatic condition of the Absheron Peninsula were planted on 8 hectares within the framework of the “Republican Green Marathon” campaign initiated by IDEA Public Union.

  • News 15-03-2022

    On March 1, 2022, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of "FINCA Azerbaijan" with a total value of 3,000,000 (three million) AZN were listed in the standard market segment.

  • News 01-06-2021

    According to the  Annual Financial Audit Report of FINCA Azerbaijan, FINCA Azerbaijan NBCI generated   673K AZN of net profit for the year 2020, which continued the positive profitability trend of the company seen during the last four years.

  • News 04-03-2021

    Zar Wardak is currently FINCA Impact Finance’s Vice President & Division Director for the East region, where she leads the network’s operations in 7 countries from Eastern Europe, the Middle East, and South Asia regions. Prior to becoming Division Director, Zar served as Regional Director for the Middle East and South Asia Region, where among other accomplishments she notably helped launch the mobile wallet app “SimSim”, currently used by over 100,000 bank clients of FINCA Pakistan. She also served as CEO of FINCA Afghanistan.

  • News 23-08-2019

    “FINCA Azerbaijan” Non-Bank Credit Organization was able to maintain profitability during 2018, building upon previous 2016-2017 efforts to shrink operational costs with a focus on improving operational efficiency.

  • News 01-08-2019

    FINCA Azerbaijan has opened its Central office in Baku, as part of the microfinance company’s expansion plan.

  • News 31-01-2019

    Microfinance Pioneer will grow its branch network and investments in customer experience.