TODAY.AZ / Business

AGLeasing enlarges leasing portfolio 25%

27 January 2007 [02:54] - TODAY.AZ
AGLeasing increased its leasing portfolio to AZN 3,092,319, to January 1, during 2006, up 25.4% from the previous year.

Company's Office in Baku told the APA that the portfolio comes 70% from Baku and 30% from regions of Azerbaijan.

The leasing mix 34% went to construction, 27% to transportation, 8% to health, 7% to printing products, 6% to wholesale selling, 5% to public transport and 8% to other sectors.

Special vehicles, transport facilities and construction equipment were leased out last year.

Company's nominal capital reached AZN 1mln.

AGLeasing was established in 2005 by Azerigazbank (30%), Hyperion Investments Ltd. (30%), Delta Trans Group LLC (25%) and Milio Leasing Ltd (15%).


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