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Joint Leasing Company extends financing

Joint Leasing Company extends financing

21 May 2012 11:55 (UTC +04:00)

Baku Elnur Huseynguluyev â€“ APA-Economics. As of April 1, 2012, Azerbaijan-based Joint Leasingâ€™s leasing portfolio made AZN 32.860 mln, up 12% from year earlier.

Company says total number of financed projects reached 188. Cost of financed equipments as the same date, made AZN 26.12 mln and AZN 1.670 mln-equipments were financed in January-April.

According to Director General of the Company Elchin Ahmedov, the company is the most active participant of the market for financial opportunities: â€œThe company s ready to provide leasing demand of entrepreneursâ€.

Joint Leasing, which is ready to finance the largest projects by the support of International Bank of Azerbaijan, intends to increase performances by the end of this year.

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

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