Leasing
OJSC “AqroLizinq” shares placement
2010-04-23
Investments and finance
OJSC “AqroLizinq” applied to CJSC “Baku Stock Exchange” (BSE) for inclusion of its ordinary registered book-entry shares to the non-quotation list of BSE.
more...IFC Promotes Micro leasing in Central Asia and Azerbaijan
IFC, a member of the World Bank Group, is promoting micro leasing tools to help leasing companies and microfinance institutions introduce micro leasing services.
more...Russia-Based Rail Leasing Cut To Selective Default ('SD') On Restructuring Of Distressed Loans
Standard & Poor's Ratings Services said today it lowered its long- and short-term counterparty credit ratings on Russia-based Rail Leasing to 'SD' from 'CCC+/C', indicating a selective default. The Russia national scale rating on Rail Leasing was also lowered to 'ruSD' from 'ruBB'.
more...“AtaLeasing” OJSC made financial total for the year 2008
2009-01-15
Investments and finance
“AtaLeasing” OJSC successfully accomplished the year 2008. The Company increased leasing portfolio up to 1.0 million manat and it made up 3.5 million manat for December, 31. In comparision with the analogical period of 2007, the leasing portfolio incresead 40%. 75 contracts were signed in 2008, as 93 active leasing contracts were in activity. The volume of equipment given for leasing made up 3.7 million manat. Volume of investment put into economy made up 2.8 million manat.
more...Fitch Assigns Russia’s VEB-Leasing a ‘BBB+’ Rating; Negative Outlook
2009-01-05
Investments and finance
Fitch Ratings has today assigned Russia’s OJSC VEB-Leasing (VEBL) a Long-term foreign currency Issuer Default Rating (IDR) of ‘BBB+’ with a Negative Outlook. A full list of ratings is provided at the end of this commentary.
more...Element Leasing LLC Cut To 'B-/ruBBB-' On Reduced Parent Support; Off Watch; Outlook Negative
Standard & Poor's Ratings Services said today that it had lowered its long-term counterparty credit rating on Russia-based Element Leasing LLC (EL) to 'B-' from 'B' and its Russia national scale rating to 'ruBBB-' from 'ruA-'. The ratings were removed from CreditWatch, where they had been placed on Oct. 7, 2008, with negative implications. At the same time, the 'C' short-term counterparty credit rating on the company was affirmed. The outlook is negative.
more...Russia-Based Element Leasing LLC Rated 'B/C'; Outlook Stable; Russia Nat'l Scale 'ruA-'
Standard & Poor's Ratings Services said today it assigned its 'B' long-term and 'C' short-term counterparty credit ratings to Russian leasing company Element Leasing LLC (EL). The outlook is stable. We also assigned a Russian national scale rating of 'ruA-'.
more...Fitch Rates VTB-Leasing Finance RUB Bond Issues ‘BBB+’
Fitch Ratings has today assigned Russia-based VTB-Leasing Finance’s (VTBLF) upcoming fixed-rate RUB bonds (Series 02 for RUB10bn and Series 03-06 for RUB5bn each) Long-term ratings of ‘BBB+’. The bonds benefit from a guarantee from VTBLF’s parent company, JSC VTB-Leasing (VTB-Leasing, rated Long-term foreign and local currency Issuer Default ratings (IDRs) ‘BBB+’/Stable) in the form of an irrevocable public offer.
more...SCS registered the issue prospectus of interest-bearing book-entry registered bonds of “AtaLeasing” OJSC
2008-04-18
State regulation
The State Committee for Securities registered the issue prospectus of interest-bearing book-entry registered bonds of “AtaLeasing” OJSC.
more...Audit in Azerbaijani Agrolizing OJSC Led to Dismissal of Almost 20 People: Head of Accounting Chamber
2008-04-16
State regulation
The audit conducted by Accounting Chamber of Azerbaijan (ACA) in Agrolizing OJSC resulted in dismissal of 19 people from various posts, said Heydar Asadov, the chairman of Accounting Chamber. “We have revealed serious shortcomings in the organization,” he said.
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