Bank Of Baku

AGLeasing’s leasing portfolio reaches AZN 4.389 mln

AGLeasing’s leasing portfolio reaches AZN 4.389 mln
# 06 July 2010 09:19 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of July 1, 2010, Azerbaijan-based AGLeasing Company’s leasing portfolio stood at AZN 4.389 mln, down 44% compared with a year ago.

Company says the worth of leased equipments decreased by 30% to AZN 8.150 mln during the same period.

Authorized capital stood steady. The number of leasing contracts reached 124.

AGLeasing Company has been in operation since 2005. As of May 1, 2010, authorized capital made AZN 1 000 000.
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