New leasing company established in Azerbaijan

Business Materials 7 January 2016 20:26 (UTC +04:00)

Baku, Azerbaijan, Jan. 7

By Azad Hasanli - Trend:

"MR Group Leasing Factoring and Lombard" company has been registered in Azerbaijan, the Azerbaijani Taxes Ministry's Vergiler newspaper reported Jan. 7.

The official representative of the company is Vusala Veliyeva. The authorized capital of the company is 1,000 manat.

MR Group Leasing Factoring and Lombard was registered through a "single window" system of the Taxes Ministry on December 7, 2015.

At present, there are more than 20 companies on the Azerbaijani leasing market.

The official exchange rate is 1.5626 AZN/USD Jan. 7.