...

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.

The correspondent can be contacted at: [email protected]

Latest

Latest