News

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

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  • News 30-05-2023

    According to the Annual Financial Audit Report of FINCA Azerbaijan, FINCA Azerbaijan NBCO generated 3,267K AZN of net profit for the year 2022, that continued the positive profitability trend of the company during the last few years.

  • News 12-05-2023

    FINCA Azerbaijan, the top non-banking microlender in the country, ended the first quarter of 2023 with an 80% increase in net income as compared to the same period for the previous year. The first quarter performance statistics also showed 55m AZN of loan portfolio with 37% increase and 27000 clients with 33% growth during last 12 months.

  • News 27-04-2023

    Baku, 26.04.2023 – FINCA Azerbaijan regrets the tragic death of Vusal Ilhamli, an employee of the FINCA Azerbaijan’s Jalilabad branch. Vusal Ilhamli has been working as a FINCA Customer Relations Officer since 2021.

  • News 22-04-2023

    Baku, April 10, 2023 - Constantly paying attention to increasing its service network to provide better access to financial services for rural entrepreneurs in the regions of Azerbaijan, the "FINCA Azerbaijan" Non-Bank Credit Organization (NBCO) officially presented its new branch for the use of the customers in Sabirabad district, which stands out with its agriculture potential, on April 7, 2023.

  • News 30-03-2023

    Baku, 28.03.2023 – The leading microfinance organization in the country, FINCA Azerbaijan, launched a fourth placement of interest-bearing, unsecured, non-documentary registered bonds in the amount of 3 million AZN at the Baku Stock Exchange (BSE) on March 16, 2023. The total placement was consisted of 30,000 bonds with 12.5% coupon rate and value of 100 AZN each for 2 years with quarterly payment frequency of the coupon rate.

  • 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.