(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 5. The State
Tax Service (STS) under the Ministry of Economy of Azerbaijan has
registered a "Level Leasing" JSC leasing company, trend reports.
According to the STS, the authorized capital of the
company is 1 million manat ($588,235). Its official representative
is Fahmin Khydyrly.
Legal address of Level Leasing: Ilgar Mirzoyev str.,
46, Khatai district, Baku, Azerbaijan.
The Central Bank of Azerbaijan (CBA) created a system
of preventive settlements of leasing companies and pawnshops back
in 2022.
Also, Director of the Department for Monitoring the
Activities of CBA credit institutions Fuad Isayev said that the CBA
developed a corresponding law on leasing.
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