“Embafinans” JSC announced the main financial indicators for the first half of 2022 (January-June).

The net profit of “Embafinans” increased by 409 thousand manats or 30% in the first 6 months of 2022 compared to the first 6 months of 2021 and amounted to 1 million 788 thousand manats. In the first 6 months of 2021, the net profit of the organization was 1 million 379 thousand manats.

Compared to the first 6 months of 2021, in the first 6 months of 2022, “Embafinans” interest income increased by 10% to 4 million 147 thousand manats, and fee and commission income increased by 51% to 883 thousand 700 manats.

The growth of “Embafinans” is due to the increase of loans given to customers. In the last year, the credit portfolio of “Embafinans” (loans granted to customers) increased by 4 million 742 thousand manats or 16% and reached 34 million 21 thousand manats on June 30, 2022. In the same period, total assets of “Embafinans” JSC increased by 1 million 79 thousand manats or 3% to 38 million 254 thousand manats.

On June 30, 2022, “Embafinans” had a total capital of 14 million 841 thousand manats.

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For more information, you can contact the number *1414. For more information, you can contact the number *1414.