Tbilisi (GBC) – MFO Swiss Capital announces the offer of auto leasing and auto pawn shop. The advantage of the digital auto loan is its efficiency, - according to MFO, the customers receives an answer within 20 minutes after making an online request.
The processes required to obtain a loan are completely remote. including vehicle evaluation and loan agreement signing.
MFO has been working on digitalization of services since 2019 and will launch new products by the end of the year.
MFO provides agricultural, auto, pawn and consumer loans up to 100 00 GEL. Among them, auto loans at 31-41% annual rate, leasing and pawn loans are issued.
Participation in leasing is determined from 30%. In the pawn shop, it is determined by the price of the car and the income of the borrower.
Swiss Capital is represented by 11% by lending, while by assets by 14.8%. Swiss Capital is represented by 14.8% among the profitable banks.
MFO Swiss Capital
|
H1/2024 |
Q1/2024 |
Assets |
227 745 698 |
224,851,815 |
Loans |
210 068 729 |
83,841,005 |
Interest income |
33 604 229 |
16 609 136 |
Revenues from Loans |
4 040 000 |
1 974 000 |
Net Pofit |
9 944 365 |
4 799 700 |
Source: MFO