The creditors have increased FINCA’s credit portfolio. As Azamat Maksytbekov, the financial director of the CJSC “MCC FINCA” reported, the foreign creditors provided to our company over 23 million USD including about 3 million USD in equivalent in the national currency in second half of 2013.

“Credit portfolio of the company was about 6 billion soms by results of the year. Accumulation of the credit portfolio through funds of the creditors is possible only as a result of sustainable work of the company, and responsible approach to issues of business financing in the country. Provision of the credits in the national currency it is one more indicator of trust to our company”, – Maksytbekov said.

There are the international financial institutions among the creditors who work with FINCA for long period of time. As experience shows, cooperation brings new options to relations development every year. The International Financial Corporation (IFC) provides substantial support in terms of currency risk hedging; transactions were concluded in total amount of 8 million USD only in the second half of 2013.

Identification of funds required for crediting of the population is conducted 6 or 12 months ahead. Mainly, negotiations are held with the long-term partners, which are confident in our reliability and sustainability. It is confirmed by our financial indicators: credit portfolio and trends of its development, portfolio in risk of 30 days, number of the borrowers, regional penetration of the company and other indicators. Other indicators of stability of our company are following: reports of the external auditors and use of internal policies and procedures, and factors of profitability, growth of capital and credit portfolio.