Azerbaijan, Baku /corr. Trend A.Badalova / 'Leasing Company NIKOIL' LLC, which is 100% daughter company of 'Leasing Company URALSIB', was opened in Azerbaijan, NIKOIL Bank reported. Maxim Ansimov, who earlier was the Head of Novgorod Branch, was appointed the Director General of the daughter company.
Opening the first daughter company outside Russia, is realized within the strategy of URALSIB to join the markets of the nearest foreign countries.
According to Vasily Hamza, the Chairman of Board of Directors of 'Leasing Company NIKOIL', at the initial stage the company will work with the corporate customers, concluding deals from $500,000 for a period of up to five years.
The financing of the operations will be implemented mainly at the expense of the mother company. NIKOIL Bank is a universal finance-credit organization and has been working in Azerbaijan's market since 1997, and its name is taken in the 'top10 biggest banks' of the Country.