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Azerbaijan Association of Leasing Companies expands

Business Materials 2 December 2011 18:28 (UTC +04:00)

Azerbaijan, Baku, Dec 2 /Trend A.Akhundov/

The Association of Leasing Companies of Azerbaijan (ALCA) is in talks with the Turan Leasing Company to join the association, ALCA head Elchin Ahmadov said to Trend on Thursday.

"We are actively negotiating on Turan Leasing joining to the Association. We have already begun some joint discussion they are interested in principle," Akhmedov said.

According to Akhundov, the ALCA is also continuing negotiations with the companies MCB Leasing and Ansar Leasing.

"They are busy with internal problems. We made them an offer, now it all depends on their decisions," Akhmedov said.

The association has nine full members and two observer members.

According to Akhundov, about 10 out of 22 of the country's leasing companies are active.

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