Bank Of Baku

AGLeasing’s portfolio exceeds AZN 3 mln

AGLeasing’s portfolio exceeds AZN 3 mln
# 11 May 2011 08:23 (UTC +04:00)
Baku. ELnur Huseynguluyev – APA-Economics. As of May 1, 2011, Azerbaijan-based AGLeasing’s leasing portfolio stood at AZN 3.258 mln, down 41% from year ago.

Company says cost of leased equipments decreased by 35.1% to AZN 5.551 mln, leasing contracts slipped 24% to 107. Authorized capital remained unchanged.

Remind that, AGLeasing has been in operation since 2005. As of April 1, 2011, the authorized capital stood at AZN 1 mln.
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