Bank Of Baku

Nikoil Leasing gets 11% rise in profit

Nikoil Leasing gets 11% rise in profit
# 03 December 2010 12:09 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of December 1, 2010, Russian Uralsib Leasing’s subsidiary company in Azerbaijan Nikoil Leasing’s portfolio stood at AZN 4.989 mln, up 6.03% compared to a year ago.

Company says, the leasing contracts increased by 45.5% to 16, leased equipment soct rose 2.09% to AZN 10.007 mln.

Profit soared 11% to AZN 40.122, during the same period.

Nikoil Leasing Company has been in operation since 2007.
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