Bank Of Baku

Joint Leasing’s portfolio exceeds AZN 35.3 mln

Joint Leasing’s portfolio exceeds AZN 35.3 mln
# 30 January 2013 15:27 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of January 1, 2013, Joint Leasing’s leasing portfolio stood at AZN 35.312 mln. Company says number of leasing contracts reached 520.

 

In the reporting period, the company has reduced interest rates According to new conditions, the interest rate for clients whose down payment is over 30% is annually determined starting from 17%.

 

Joint Leasing has diversified its leasing portfolio on economic sectors. So, the company invested in transport, light industry, construction, production of food products, health, service and trade, bank and agriculture spheres. 40% of leasing portfolio fell on the share of construction, 33% - of transport, 20% - production and 7% other spheres.

 

 

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