Azerbaijan, Baku, 22 January / Trend corr. A.Badalova / UniLeasing JCSC summed up the functioning of the company for 2007.
Up to 31 December 2007 the leasing portfolio of the company totalled AZN 25.9mln. The increase of portfolio totaled 140% from January to December 2007. About 333 contracts with the total sum of AZN 27.3mln was signed in 2007. The company got 207 new clients for the mentioned period.
UniLeasing leasing portfolio on the four regional departments of the Republic made up AZN 2.6mln, which exceeded the original figure by 67.3% in the regions. The total number of contracts, signed by the company representatives by the end of December 2007 reached 88, and the total cost of leasing projects exceeded AZN 3.5mln.
The average interest rates of leasing agreements made up 19.17% and the average term of leasing totaled 39.12% in 2007.
The construction techniques allocated to leasing in the portfolio amounted to 40.1%, Transport vehicles 32.6%, manufacturing and other equipment 12.6%, property 11%, medical equipment 2.2%, bank equipment 1.3% and others 0.2%.
The company implemented a range of new projects such as the leasing of commerce property, the leasing of cars for the public, leasing of construction equipment of New Holland, leasing of ISUZU small-capacity lorries and others. UniLeasing opened its representative office in Guba.
In 2007 the company began using new technology to improve the service system, as well as to introduce the SMS-Leasing project, leasing calculators for mobiles and others.