OREANDA-NEWS. January 28, 2010. Following 2009 leasing portfolio of AtaLizinq OJSC totaled AZN 3.828 million.

The Company reports that compared with 2008, it portfolio rose by 9%.

“Last year we signed 34 leasing agreements in addition to available 104 valid ones. Cost of leased equpment totaled AZN 1.69 million. During 2009 investments in domestic economy reached volume of AZN 2.45 million,” the Company said.

By the end of 2009, 95.13% of AtaLizinq’s portfolio fell on the share of  Baku and the rest 4.87% on regions (Guba 1.11%, Mingachevir 1.45%, Sumgait 0.50%, Davachi 1.14%, Geychay 0.21%, Imishli 0.23%, Lankaran 0.23%).

“Our portfolio indicators on sectors were as follows: constructiion 27%, industrial production 9%, transport 40%, food industry 7%, trade 10%, road infrastructure 1%, sector of services 5%, communications 1%,” the Company said.

Due to agreements signed in 2009, AtaLizinq completed the reported year  with profit.

“Compared with 2008, our actual assets increased by 10% up to AZN 3.85 million. Our earnings for 2009 grew by 21.5% up to AZN 1.148 million. Profit totaled AZN 296,000, including AZN 231,000 of net profit,” AtaLizinq said.

Last year AtaLizinq’s ROE was 23.1% and ROA 5.7%.

AtaLizinq established by AtaHoldinq and AtaBank has been operating since 2004 with charter capital of AZN 1 million.