Azerbaijani leasing company expands portfolio in 2010 thanks to starting implementation of 27 new projects

Azerbaijan, Baku, Oct.28 / Trend, A.Akhundov /

As of Oct.1, the Azerbaijani Leasing Company "Joint Leasing" total portfolio amounted to 38 million manat including taxes, and 25 million manat after their payment, the company said today.

During the reporting period, the total number of the company's operating projects was 177, 100 of which fall to legal entities, 77 - physical entities. Some 95 percent of the company's projects are business projects, five percent - consumer projects.

Since 2010 the company has started to implement 27 projects worth 2.6 million manat. In general, these projects cover construction, transport, food and light industry spheres.

The company's aggregate capital equals to 3.476 million manat, while authorized capital hit 700,000 manat. In the first half-year the company assets were amounted to 26.925 million manat.

Joint Leasing Company operates in the country since June 14, 2007 as the legal successor of the company Azerilizing. The founders of the company's are the British company Dolphin Leasing (52.3 percent) and the International Bank of Azerbaijan. Authorized capital currently stands at 700,000 manat. The first Azerbaijani leasing company Azerilizing joint venture was established in 1999.

Official exchange rate is 0.8008 manat to $1 Oct.28.

Reconstruction works of Georgian Gardabani TPP to be completed in September
Reconstruction works of Georgian Gardabani TPP to be completed in September
Electricity production increases in Kazakhstan year-on-year
Electricity production increases in Kazakhstan year-on-year
Iran to sign new contracts in oil sector
Iran to sign new contracts in oil sector
Loading Bars
Latest
Kazakhstan's export to Portugal plummets manyfold amid COVID-19
Inflation rate up in Azerbaijan since early 2020
Civil Aviation Agency releases information about Tbilisi-Doha charter flight
Number of COVID-19 cases across globe up by over 214,000 in past day
Turkey performs highest number of COVID-19 tests since March
Iranian, French presidents discuss Lebanon's situation on phone
Construction of trade and logistics centre initiated in most remote region of Kyrgyzstan
Ecuador registers 862 more COVID-19 cases, 19 new deaths
4 police killed in bomb attack in W. Afghanistan: official
Purchase of wheat continues in Iran's Hamadan Province
Greece registers 262 new coronavirus cases, highest daily tally
Trade turnover between Turkey, Georgia up in 1H2020
Iran discloses volume of red meat production
Georgia sees increase in fish production
Azerbaijani microentrepreneurs receiving second lump sum payment
Kazakhstan's steel import from Turkey slumps amid coronavirus pandemic
Turkey unveils seven-month figures on cargo shipment via its ports
National Bank of Georgia talks negative impact of COVID-19 on country's economy
Reconstruction works of Georgian Gardabani TPP to be completed in September
Azerbaijan, Russia developing new project in agricultural machine-building
Georgian Kula canning company starts supplying products under new brand
Opening of Afghanistan bank's branch in Iran's Chabahar requires better preparation
Galt & Taggart: Price drop observed in Georgian real estate market
Some persons campaigning to discredit Azerbaijani high-ranked officers - Defense Ministry
Talks held between Foreign Affairs Minister of Turkmenistan, acting Chairman of Central Bank of Afghanistan
Turkey reveals seven-month number of trailers, containers shipped through its ports
Georgia to harvest huge high-quality nut crop in 2020
Uzbekistan allocates significant funds for modernization of agriculture
Kazakhstan’s foreign exchange reserves increase as gold prices go up
Uzbekistan plans to create automated irrigation areas in Jizzakh, Syrdarya regions
Nearly 80 foreign citizens to return from Georgia to their countries of residence
Turkey unveils volume of exports of electrical goods during seven months
Largest share of re-export of cars from Georgia falls on Azerbaijan
TOP-15 Azerbaijani banks disclose their 1H2020 assets
Electricity production increases in Kazakhstan year-on-year
Purchase of wheat resume in eleven counties of Iran's Lorestan Province
Iran to sign new contracts in oil sector
Steel export from Turkey to int'l markets drops
Uzbekistan gradually abandons lockdown
Azerbaijan's Gunay Sigorta insurance company to raise its authorized capital
New irrigation lines to be commissioned in Iran
Turkmenistan sends another batch of humanitarian aid to Afghanistan
Volume of wheat purchased from farmers in Iran's Ardabil Province disclosed
Iranian Energy Exchange announces products for sale on August 15
Turkmenistan increases export of clothing to EAEU countries
German government to help implement smart traffic light system in Georgia
Uzbekistan records increase in number of natural monopolies
Microsoft prices its dual-screen Android phone at $1,399, will arrive Sept 10
Azerbaijani scientist talks underground water channels under Armenian occupation
Kazakhstan’s June crude oil production down month-on-month
Kazakhstan's Aktau port to buy power spares via tender
PETRONAS Carigali Sdn Bhd in Turkmenistan opens tender for provision of ropeway equipment
Kazakhstan increases trade with Hungary despite COVID-19
Georgia reveals volume of state property sales in 1H2020
Ukrainian companies seek to expand their presence in Turkmen market
OPEC reveals forecasts for Azerbaijan’s oil output
Azerbaijan confirms 202 more COVID-19 recoveries
UAE ambassador: Intensive discussions underway for Masdar’s solar project in Azerbaijan
Norway to quarantine more travellers as COVID-19 rises
Bahar Azadi gold coin price falls in Iran
Nearly 283,000 PCR tests conducted in Georgia since COVID-19 outbreak
Equinor processing seismic data of Ashrafi-Dan Ulduzu-Aypara
Apple supplier Foxconn's profit beats view, sees smartphone demand off lows
Azerbaijani minister: Specific, serious tasks set to ensure efficient use of water resources (PHOTO)
S&P Global Ratings updates ratings of Uzbek Xalq Bank
Kazakhstan to gradually resume flights on more int'l routes
Iran issues regulations for online business
France to ramp up police checks to ensure masks are worn
Half-year rail freight operations from Russia to Iran through Azerbaijan announced
Equinor reveals details about JV with SOCAR
Iran reveals volume of foreign investment
President Ilham Aliyev viewed new TX London taxis delivered to Baku (PHOTO)
Georgia hosting over 750 foreign tourists
EBRD to support renovation of 10 metro stations in Georgian capital
Malaysian company to establish caustic soda production in Uzbekistan
Russia's Tatarstan Investment Dev't Agency talks tasks of Turkmen trading house in Kazan
Iran reveals volume of tea leaves purchased from farmers
Zarif: Iran not accept any plan to change its nuclear program
Hikmat Hajiyev: Armenia's National Security Strategy - like fake history textbook
SOCAR Turkey reveals gas sale plans of Bursagas, Kayserigas
Emergency services attend derailed train in Scotland
Kazakhstan's Tengiz expansion project progress revealed as of 1H2020
Crude production down at Kazakhstan's Tengiz field year-on-year
Azerbaijan's FM: We support political settlement of Karabakh conflict through negotiations
Cooperation between Azerbaijan, Turkey serves development of region - foreign minister
Iran discloses Qom Province's export details
Iran reports over 2,500 new coronavirus cases
Turkmenistan, Russia’s Tatarstan boost trade turnover
Turkish high-ranked military officials arriving in Azerbaijan to observe joint tactical exercises
UK says trade talks with U.S. continue to make positive progress
Azerbaijan's AzEduNet provides unlimited internet, technical support services to schools
Iran launches production of aircraft engine parts
Steam units of TPPs to be built in Iran
Turkmenistan reveals amount of products manufactured at its expanded clay plant
COVID-related crises to exacerbate challenges Kazakhstan already faces in energy sector
Uzbek bank establishes cooperation with Japanese JCB International
Iran announces employment data in industrial parks
Prices on Azerbaijani oil fluctuate
Turkmenistan switching to environmentally friendly technologies in industrial sector
SOCAR Turkey’s IPO postponed
All news