From high profitability to regulatory pressure — what you need to know about non-bank lending in Azerbaijan. Azerbaijan is a bank-centric market dominated by PASHA Financial Holding and the Bir ecosystem. Within it, non-bank credit institutions (NBCIs) hold a small but profitable niche: only ~2.1% of financial-system assets, yet ~20% ROE on AZN 1.2B in assets and AZN 111.5M net profit. Growth is consumer-led — about 70% of the loan book. Profit is concentrated: the top 10 pla

Why foreign players are buying small banks instead of building them — and where the route is already proven Across emerging markets, a quieter pattern is reshaping how fintechs and financial groups enter new countries. Instead of spending years applying for a banking license from scratch, they are buying small, already-regulated institutions — rural banks, microfinance banks, and bank-like deposit-takers — and converting them into digital banking platforms. The logic is strai

MD Finance has released its latest report on the global non-bank lending sector, covering the most relevant developments from Q1 2026 across selected international lending groups. The report combines group-level financial results, product-level performance, market expansion, new product launches, regulatory updates, funding activity, strategic acquisitions, and operational trends across short-term, installment, credit line, and other alternative lending segments. This edition

Brazil is no longer an emerging digital lending market — it is a scaled, infrastructure-ready market with both major opportunity and real execution risk. Our Brazil Digital Consumer Lending Market Overview highlights several important signals. Brazil has more than 213M people, 88% internet usage, and a mature digital finance stack built around Pix, Open Finance, Gov.br, and FIDCs. Pix processed around 63B transactions in 2024, Open Finance now covers 42M+ individuals, Gov.br