en 
In 2023, Access Finance was able to establish and maintain its market positions despite the intensifying competition in the segment and an uncertain macro environment. The company’s revenues increased by 9% on an annual basis, reaching over BGN 53 million, as a result of increased average amounts used for credit products and realized higher profitability per product unit.
The company manages a loan portfolio of nearly 162,000 active credit cards and loans, of which 35,000 are newly issued credit cards and loans.
The gross loan portfolio reached BGN 68 million and grew by 12% on an annual basis, despite the slight decline in active loans of 1% for the last year, and was the result of an increase in the average amounts used.
The amount of granted loans increased by BGN 38 million compared to the previous year, 2022, from BGN 277 million to BGN 316 million, or this is an increase of about 14%.
The company’s profit before taxes increased by 68% in 2023 and reached BGN 11 million. The net profit also increased in 2023 and reached BGN 9.9 million compared to BGN 6 million in 2022, or a relative growth of over 50%.
See Access Finance’s audited report HERE.
