Azerbaijan, Baku, Feb. 18 / Trend U. Ismayilova /
As of February 1, the portfolio of one of the largest leasing companies in Azerbaijan AG Leasing totaled 6,362 million manat, the company said today.
The total number of leasing contracts involved for this period totaled 140. The total amount of equipment given for leasing is 9,621 million manat.
"AG Leasing"CJSC is included in a group of leading leasing companies in Azerbaijan on a volume of the lease portfolio. Customers of the company include both legal and physical entities - entrepreneurs.
AGLeasing was established in 2005. The authorized capital is 1 million manat. The company basically gives equipment on lease in three areas - transport, trade and medical equipment. The company gives equipment for a period of 60 months with a deposit of 20-50 percent and interest rates of 20-24 percent.
The share holding of AGBank is 35 percent, the British company Hiperion Capital Management - 30 percent, the American Delta Trans LLC - 25 percent, British firm Milio Leasing Limited - 10 percent.