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Several foreign banks interest in investing capital in Azerbaijanâ€™s leasing market - PHOTO

Several foreign banks interest in investing capital in Azerbaijanâ€™s leasing market - <font color=red>PHOTO</font>

06 October 2010 11:55 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. An international conference on the leasing in Russia and CIS organized by IC Energy in Moscow finished. Azerbaijan Leasing Companies Association says that heads of leasing associations of CIS Countries, representatives of local and international financial institutions and leading leasing companies of CIS and Europe attended the conference. Azerbaijan was represented by ALCA chairman, General Director of Joint Leasing Company Elchin Ahmedov and he spoke about the development perspectives of leasing in Azerbaijan.

According to him several foreign banks including Russian banks interest in investing the capital in Azerbaijanâ€™s leasing market: â€œThese banks are also active participants of leasing sphere and look through the participation opportunities in Azerbaijanâ€™s leasing market.â€

The participants discussed the development perspectives of leasing in influence conditions of financial sector to leasing sector and actual problems during the conference.

At the same time E. Ahmedov held meetings with heads of leasing associations of Russia, Uzbekistan, Belarus, Ukraine and representatives of international financial institutions.