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Azerbaijan’s Unibank sells its share in Unileasing CJSC

Business Materials 19 June 2017 15:08 (UTC +04:00)
Azerbaijan’s Unibank OJSC sold its stake in the leasing company Unileasing.
Azerbaijan’s Unibank sells its share in Unileasing CJSC

Baku, Azerbaijan, June 19

By Anvar Mammadov – Trend:

Azerbaijan’s Unibank OJSC sold its stake in the leasing company Unileasing, according to the bank’s audit report for 2016.

The report says that the bank, which had a 66.7-percent share in the company, sold it to three individuals, whose names have not been disclosed.

Currently, the European Bank for Reconstruction and Development (EBRD), which owns a 33.3-percent share, is also a shareholder of Unileasing CJSC.

The company was created in July 2004.

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