Azerbaijani leasing companies association expands
Azerbaijan, Baku, June 4 / Trend U.Ismayilova /
The number of the Azerbaijani Leasing Companies Association's members reached nine, Association Head Elchin Ahmadov said.
"Standard Leasing that formed recently become a new member of the association," Ahmadov said.
The Associationalso prepares to accept Pakistan Leasing Company, which functions on the Azerbaijani leasing market
He said all members are actively involved in working group to improve the legislative framework and the working group on financial and other matters in direction of the institutional development.
The ALCA members are Ata Leasing, AG Leasing, Qafqaz Leasing, Joint Leasing, Uni Leasing, CredAgro, Banf of Baku, Demir Bank and Standard Leasing. The ALCA members pay 2,200 manat fees annually. The Association was established Oct. 27, 2004. The ALCA founders are Ata Leasing, Uni Leasing and Mugan Leasing.
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