FinanceLeasing to raise its authorized capital

FinanceLeasing to raise its authorized capital
# 14 May 2007 13:13 (UTC +04:00)
Azerbaijan’s FinanceLeasing Company passed a decision at the board meeting to increase its authorized capital to AZN 1.1 million. The company’s head office told APA-Economics that the board also approved corporate management structure, 2007-2015 short, medium and long term development strategy and operating plan.
FinanceLeasing was established by 16 individuals in March this year. The company will be engaged in financing small and medium-size enterprises in the country.
The company plans to issue corporate bonds and establish regional agent network during 2007-2008. /APA-Economics/

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THE OPERATION IS BEING PERFORMED