Association of Leasing Companies announces admission of new members and expansion of leasing portfolio

Business Materials 2 November 2005 17:42 (UTC +04:00)

Then next meeting of the Association of Leasing Companies will be held on Thursday. The meeting will consider admission of next member, Jeyhun Mammadbayli, the chairman of the Association, also head of Atalizing, told Trend.

Appropriate application has been presented by Tekhnikalizing Company and this issue will discussed during the next meeting.

According to Mammadbayli, two more companies hold talks with the Association.

The Association unifies 10 organizations engaged in implementation of leasing transactions.

He also noted that there were 15 organizations engaged in implementation of leasing transactions, while only 6 or 7 of them provide such services.

“We plan to expand portfolio of leasing companies in relation to increase of interest in this financial service,” Mammadbayli stressed.