Bank Of Baku

MCB Leasing tp increase leasing portfolio by 20 times

MCB Leasing tp increase leasing portfolio by 20 times
# 01 September 2010 07:36 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Pakistan’s MCB Leasing in Azerbaijan
intends to increase the leasing portfolio by 20 times to AZN 2 mln till the end of the
year, Chairman of Board of Directors Ramal Jafarov told APA.

According to him two of three projects submitted to company have already financed and each of these costs more AZN 30 000. “Financed projects cover trade, real estate and service sectors. Several projects about the agriculture were submitted to company and they are appraised by the specialists of company.”

He also noted that the assets would be risen by 2.5 times to AZN 2 mln.

MCB Leasing Company has been in operation since 2009.
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