OREANDA-NEWS. May 13, 2010. AGLeasing CJSC  summarized the  activity for  1 May 2010.

AGLeasing informed that in accordance with the  data for 1 May 2010 the leasing portfolio of the company totaled AZN  5.339 million  (USD 6.646 million).

“The total quantity of functioned  leasing contracts made 128 units and the total volume of given for  leasing equipment amounted to  AZN 8.35 million (USD 10.395 million),” CJSC informed.

In regard to  volume of the  leasing portfolio of AGLeasing CJSC enters into a group of the key leasing companies, functioning  in Azerbaijan. Clients of the company are both legal entities and individuals. AGLeasing was set up  in early 2005 and it is one of the most capitalized local leasing companies. Charter capital of CJSC makes AZN 1 million. Shareholders of the company are both local structure (AGBank OJSC - one of leaders of the country’s banking sector) and foreign investors.