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AGLeasing gets rise in number of leasing contracts

AGLeasing gets rise in number of leasing contracts

07 April 2010 14:48 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of April 1, Azerbaijan-based AGLeasing posted its leasing portfolio at AZN 5.469 million, down 32% from a year ago.

According to head office of the company the cost of leased equipment decreased by 29.2% to AZN 8.554 million..

The number of leasing contracts rose by 2.2% to 141. The portfolio mainly went to construction, public transportation and production industry.

The company has been in operation since 2005. Its authorized capital is AZN 1 million.

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