Azerbaijan, Baku / Trend corr. U.Ismaylova / The foreign leasing company Parex Leasing & Factoring is planning to increase investments in economy in Azerbaijan by $40mln by the end of 2007.
The leasing portfolio of Parex Leasing & Factoring amounts to $30.4mln by 1 September.
The number of signed agreements totaled 512 from the beginning of 2007, and 14 in August. The number of equipment allocated for leasing was 932 in August.
Parex Leasing Factoring is a leasing company with 100% Latvian capital. The company has been operating from 25 March 2005.