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Texnika Leasing Planning to Double Leasing Portfolio by end of 2007

Business Materials 28 September 2007 18:15 (UTC +04:00)

Azerbaijan, Baku / corr Trend U.Ismayilova / Texnika leasing ,and Azerbaijani leasing company is planning to increase the leasing portfolio to AZN 8mln from the current AZN 4.5mln, Elhan Najafkuliev, the head of company, said on September 28.

According to Najafkuliev, the amount of agreements signed since the beginning of 2007 is 17 and those considered is 8.

Texnika leasing provides leasing in the field of construction and logistics.

The head of the company said that Texnika leasing also planning to increase its statutory capital to AZN 500,000 from the current AZN 200.

Texnika leasing was established in June 2004 and is a sub-company of the Texnika Bank.

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