Azerbaijani Leasing Company Brought Portfolio to $45mln

Business Materials 9 September 2008 13:11 (UTC +04:00)

Azerbaijan, Baku, 9 September / Trend corr. U.Ismayilova / The portfolio of one of the Azerbaijani leasing company with the Latvian Parex Leasing & Factoring 100% capital comprised $46.9mln as for January-July 2008.

Company's portfolio is divided into the economic sectors: real estate- 1%, cars - 15%, equipment - 11%, lorries- 21% and special techniques- 38%.

Parex Leasing and Factoring has been operating as a daughter branch of the largest Latvian Parex Bank in Azerbaijan since March 2005. Bank's leasing companies are operating in Moscow, St.Petersburg, Kiev, Minsk and Vilnius.

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