Bank Of Baku

Joint Leasing increases cost of leased equipments

Joint Leasing increases cost of leased equipments
# 19 April 2011 10:40 (UTC +04:00)
Baku. Elnur HUseynguluyev – APA-Economics. As of April 1, 2011, Joint Leasing’s leasing portfolio stood at AZN 29.437 mln, up 6.63% from year earlier.
Company says total capital rose 21.2% to AZN 4.834 mln, total number of leasing contracts decreased by 0.6% to 168.

Number of leasing contracts doubled to 8, cost of leased equipments increased by 66% to AZN 610.836 thousand during the same period.

Remind that, Joint Leasing has been in operation since 2007.
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