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Joint Leasing starts new auto leasing program

Joint Leasing starts new auto leasing program

17 June 2010 09:33 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. Azerbaijanâ€™s leading leasing company Joint Leasing started the leasing program of cars. According to Baku office of the company, the program will be financed on companyâ€™s account which borrowed AZN 2 mln.

According to conditions of program, the cars can be leased for 36 months with the 20% annual payments.

The leasing portfolio of the company is AZN 28.6 mln, in June 1, 2010. Generally, 184 contracts were signed during this time. Companyâ€™s assets hit AZN 30 mln.

Owned by Great Britainâ€™s DH Leasing Ltd Company (52.4%) and International Bank of Azerbaijan (47.6%) Joint Leasing Company has been in operation since June 14, 2007.

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