Monday, February 15 2010 14:48

ACBA Leasing covers 96% of Armenian leasing services market


ArmInfo.Armenian ACBA Leasing, among the leasing companies in Credit Agricole French bank group, has been recognized a leader by the level of coverage of the leasing services market, company Deputy Director Arsen Bazikyan told ArmInfo. According to him, the share of leasing transactions of ACBA Leasing in the total volume of the leasing transactions, signed by all the players in this market, made up 96% upon the results of 2009. He said this indicator does not exceed 50% in any other region where the group is a shareholder of leasing companies. A. Bazikyan thinks that such impressive results were reached due to the high-efficiency marketing strategy, taking of efficient marketing decisions, as well as absence of other players in the market.

To recall, ACBA-Credit Agricole Bank, which owns 54% block of stock, is a founder of the leasing company. The services of ACBA Leasing are
also available through the branch network of ACBA-Credit Agricole Bank parent bank which numbers 36 branches, 31 of which - in the regions and 5 - inYerevan.
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