ACBA Leasing to simplify leasing procedures
23.04.2013,
17:22
ACBA Leasing, an affiliate of ACBA-CREDIT AGRICOLE BANK, will simplify the procedure for conclusion of transactions this year, CEO of ACBA-CREDIT AGRICOLE BANK Stepan Gishyan Tuesday during a press conference dedicated to the tenth anniversary of the leasing company.
YEREVAN, April 23. / ARKA /. ACBA Leasing, an affiliate of ACBA-CREDIT AGRICOLE BANK, will simplify the procedure for conclusion of transactions this year, CEO of ACBA-CREDIT AGRICOLE BANK Stepan Gishyan Tuesday during a press conference dedicated to the tenth anniversary of the leasing company.
He said the main criterion in conclusion of transactions will be the background of a company or individual rather than their financial capabilities. “We will use a scoring system which we expect to simplify and accelerate the procedures making them more standardized, “he said.
On 2013 plans, Gishyan said the company will focus on leasing real estate, which he said will see a boost if some changes are made to the related legislation.
Speaking of competition in the market, Gishyan described it as fairly active.
"We currently are in the forefront, but our competitors are also working quite actively. For us, a very important step is that we started leasing not only agricultural machinery but also machines to other industries, like printing and medical equipment, vehicles and other equipment,’ he said.
ACBA Leasing leases machinery, vehicles, medical equipment, and equipment for the mining industry and since 2011 also real estate. ($ 1 - 416.02 drams). -0-
