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Joint Leasing increases leasing portfolio by 10%

Joint Leasing increases leasing portfolio by 10%

02 March 2012 08:31 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As of January 1, 2012, Azerbaijan-based Joint Leasingâ€™s leasing portfolio stood at AZN 30.814 mln, up 9.3% from year earlier.

Company says assets rose 9.08% to AZN 30.128 mln, cost of leased equipments increased by 11.37% to AN 26.192 mln, leasing contracts soared 6.3% to 185.

Note that, Joint Leasing has been in operation since 2007. At present, authorized capital makes AZN 700,000.

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