Bank Of Baku

UniLeasing gets one more foreign loan

UniLeasing gets one more foreign loan
# 02 October 2008 08:48 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Luxembourg-based West-East Bank has lent a $5 million loan to Azerbaijan’s UniLeasing company.
UniLeasing said the proceeds of the loan will go to financing of leasing transactions.
In 2005, the Islamic Corporation for the Development of the Private Sector (ICD) extended $1.7 million, in 2006 IFC lent $5 million and ENRD $3 million and in 2007 Raifaizenbank allowed €400 000 to UniLeasing.
Eximbank also passed decision to extend $2.5 million to Unileasing this year.
UniLeasing, owned by UniBank, has been in operation since 2004. As at July 1, its leasing portfolio stood at $5.9 million and share capital at AZN 1.8 million.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED