Azerbaijan, Baku, 27 June/ Trend / The portfolio of one of the large leasing companies of Azerbaijan Parex Leasing and Factoring totaled to $44.5mln in January to May which is 73% ($25.7mln) more than the same period of 2007, company said on 27 June.
During this period, Parex Leasing & Factoring has signed 120 new contracts with 131 facilities being leased which are worth over $11.13mln, company said.
The distribution of company's portfolio on the sector of the economy is as follows: real estate- 12%, car - 15%, equipments - 12%, trucks - 20% and special machinery - 41%.
"In the second half of 2008 Parex Leasing & Factoring intends to intensify its operations both in the capital city and regions," a source in the company said.
Parex Leasing & Factoring a leasing company with 100% Latvian company.