Azerbaijan, Baku, June 2 / Trend , U.Ismayilova/
One of the largest leasing companies in Azerbaijan JSC Joint Leasing Company will continue to receive the required support from shareholders to retain the leading positions, shareholders said at an ordinary general meeting.
Main directions of short term prospects, plan of action aimed at ensuring stable development of the company in the coming year were discussed at the meeting. Shareholders have also discussed the financial projections for 2009.
Company's activities and financial performance for 2008 have been discussed and defined the development strategy for the current year. The meeting was attended by representatives of shareholders of the British DH Leasing LTD and the International Bank of Azerbaijan.
Shareholders appreciated the activity and the pace of development of the joint leasing over the past year. It was pointed out that the company demonstrated the highest growth of all indicators compared to the previous year and completed a year as the largest company leasing market in all its parameters.
Joint Leasing authorized capital is 700,000 manats. Company's shareholders are DH Leasing LTD Great Britain (52.4 percent) and International Bank of Azerbaijan (47.6 percent).
On June 2, the official exchange rate is 0.8035 manat to $1.
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