Azerbaijani AGLeasing Company Sums up for 2007
Azerbaijan, Baku, 9 January / Trend corr. U.Ismaylova / The Azerbaijani AGLeasing company summed up for 2007. The company's portfolio totaled $4.4mln per year, the company reports on 9 January. The total number of leasing contracts signed by the AGLeasing totaled 74 and the total financed cost of the leasing projects exceeded $6.28.
In 2007, the double increase was observed in the number of the leasing agreements and in the sum of financed leasing agreements.
The AGLeasing with 1mln AZN authorized capital, remains one of the capitalized companies in the Azerbaijani leasing service market.
The leasing portfolio of the AGLeasing reflects the key spheres of the agriculture of Azerbaijan, which currently experience the economic development, the construction sector made up 32%, public transport- 24%, manufacturing- 9%, health - 8%, mountain industry - 6%, tourism - 6%, trade - 4%, foodstuff industry - 2% and the others. Such a diversification enables significantly the decrease portfolio risks of the company. The clients of the company are the juridical and natural persons. The goal of the company is to render assistance to its clients and reach the prosperous in the business.