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AtaLeasing doubles its portfolio year-on-year

05 September 2007 14:50 (UTC +04:00)

As of September 1, the leasing portfolio of Azerbaijanâ€™s AtaLeasing stood at AZN 2.740 million, twice higher than the same period last year.
The company told APA-Economics that 2 leasing contracts of AZN 350,000 were signed in August alone.
Leasing portfolio went 84% to Baku and 6% to Sumgait, 3% to Mingechevir, 2% to Oghuz, 2% to Absheron etc.
The leasing portfolio was 22% spent on construction, 7% on foodstuff production, 21% on industrial production, 16% on transport, 9% on service sector, 5% on trade, 2% on agriculture etc.
The company has to date concluded 90 contracts and its aggregate leasing portfolio reached AZN 5.5 million. The authorized capital stood at AZN 500,000.
Ataleasing was established by AtaHolding Group of Companies in 2004. /APA-Economics/