Bank Of Baku

UniLeasing gets $2.5 million from US EximBank

UniLeasing gets $2.5 million from US EximBank
# 05 September 2008 16:53 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Export-Import Bank of the United States has approved a $2.5 million loan for UniLeasing of Azerbaijan.
Hikmet Ibrahimov, Leasing Officer of the Company, said the long-term loan will go to leasing projects, including the purchase of construction machines.
According to him, negotiations are under way with Korea Export Insurance Corporation and commercial banks of Japan to receive additional funds to finance leasing projects.
UniLeasing was established in 2004 by UniBank. As of September 1, its authorized capital stood at AZN 1.8 million.
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