Bank Of Baku

Joint Leasing gets 17% in profit

Joint Leasing gets 17% in profit
# 25 January 2011 15:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of January 1, 2011, Azerbaijan-based Joint Leasing’s leasing portfolio stood at AZN 28.810 mln, up 0.73% from year ago.

Company says total capital rose 58.5% to AZN 3.437 mln, net profit soared 16.6% to AZN 1.632 mln.

Leasing contracts oared 3.93% to 185, leased equipments amounted AZN 3.231 mln.

Company has signed 36 leasing contracts with customers, in 2010.

Joint Leasing Company has been in operation since 2007.
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