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Ranking of Azerbaijan-based leasing companies in terms of leased equipment value

26 January 2009 10:36 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-ECONOMICS. APA-ECONOMICS started to prepare quarterly rankings of leasing companies in terms of their financial performance.
The leasing companies are ranked below according to the value of equipment they leased as at January 1.

Leasing companies		Value of equipment *(mln. AZN)*	Number of leasing contracts
1	UniLeasing	51,02	750
2	Parex Leasing & Factoring	25,11	934
3	Joint Leasing	23,08	384
4	AGLeasing	10,08	131
5	Nikoil Leasing	6,95	11
6	AtaLeasing	4,56	93
7	Texnika Leasing	2,92	48

As shown in the table, UniLeasing tops the list, followed by Parex Leasing & Factoring and Joint Leasing. The top three has a total share of about AZN 100 million, up 4 times on the total for the reamining four companies.
There are 14 leasing companies in Azerbaijan, of which 11 are the members of Azerbaijan Leasing Companies Association.