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Nikoil Leasing gets a 0.3% increase in leasing portfolio

Nikoil Leasing gets a 0.3% increase in leasing portfolio

05 February 2009 09:16 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. As at February 1, Nikoil Leasing, an Azerbaijan-based subsidiary of Russiaâ€™s Uralsib Leasing, reported its leasing portfolio at AZN 5.828 million, up 0.3% on a month ago.
The company said its portfolio was diversified to production (AZN 4.552 million), equipment and machinery (AZN 1.006 million), trucks (AZN 133 511) and other sectors (AZN 136 181).
The company charges an interest rate of 18-30% per annum.
Nikoil Leasing has been in operation since 2007.

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