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Azerbaijan’s Leasing Company Divulges Results of Activities for February

Business Materials 14 March 2008 18:23 (UTC +04:00)

Azerbaijan, Baku, 14 March / Trend corr U. Ismayilova/ In February, Azerbaijan's Ata Leasing concluded 5 leasing agreements in the sum of AZN 220,700, the company reported on 13 March.

By 29 Feb, the company's portfolio comprised nearly AZN 2.7mln, 88.5% of which is in Baku and 11.5% is in the country's regions.

The portfolio distribution is as following: construction - 22%, industrial production - 21%, transport - 18%, trade - 12%, food industry - 8%, road infrastructure - 6%, communal services - 3%, construction of houses - 2%, services - 1%, health - 1%.

Ata Leasing, the subsidiary of Ata Bank, has been operating in Azerbaijan's leasing market since 2004.

The correspondent can be contacted at: [email protected]

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