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Technika Leasing increases total capital by 2.5 times year-on-year

Technika Leasing increases total capital by 2.5 times year-on-year

26 October 2011 14:35 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of October 1, 2011, Azerbaijan-based Technika Leasingâ€™s leasing portfolio made AZN 3.261 mln, down 15% from year earlier.

Chief Accountant Bilal Ruhullazadeh says total capital rose by 2.5 times to AZN 6.013 mln, as well authorized capital increased by 2.4 times to AZN 6 mln.

Leasing contracts soared 9.5% to 23, worth of leased equipments dropped 13% to AZN 2.827 mln.

Remind that, Technika Leasing has been in operation since 2006.

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