Bank Of Baku

AGLeasing’s leasing portfolio reaches AZN 3.3 mln

AGLeasing’s leasing portfolio reaches AZN 3.3 mln
# 09 June 2011 12:29 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of June 1, 2011, Azerbaijan-based AGLeasing’s leasing portfolio stood at AZN 3.270 mln, down 37% from year earlier.

Company says the cost of leased equipments decreased by 33% to AZN 5.467 mln, leasing contracts dropped 19% to AZN 105. Authorized capital remained unchanged at AZN 1 mln.

Remind that, AGLeasing has been in operation since 2005.
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