Pari.mk reveals: The profit from quick loans amounts to EUR 4.8 million annually

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There are 35 financial companies in North Macedonia that provide so-called fast loans. According to published data of the Central Registry, in 2022 these companies made a total income of 69.9 million euros, while in 2021 their total income amounted to 49.3 million euros.

In 2022, their total profit was 15.9 million euros, and the year before that it was 10.9 million euros, the Pari.mk website reported.

Flex Credit LLC ranks first with a profit of 4.8 million euros. An interesting fact is that this profit shows a growth of as much as 122 percent compared to the profit of 2021. But at the same time, revenues had an even greater growth, as much as 144 percent.

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