UniLeasing posts 92% rise in leasing portfolio

UniLeasing posts 92% rise in leasing portfolio
# 16 December 2008 10:30 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of December 1, Azerbaijan-based UniLeasing Company posted its leasing portfolio at AZN 50 million, up 92.3 times from January 1. The company said the leasing portfolio for provinces grew by 2.5 times to AZN 7.5 million.
The funds mostly went to auto leasing, production, trade, transportation, medicine, construction and construction materials related project.
UniLeasing has regional branches in Gandja, Lenkeran, Sheki, Guba and Saatli.
UniLeasing, owned by UniBank, has been in operation since 2004. As of October 1, its authorized capital stood at AZN 1.8 million.
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