ArmInfo.The first leasing company in Armenia and the leader of the leasing market - ACBA Leasing has rebranded. This is noted in the message of the company, which introduced and launched leasing in Armenia in the early 2000s. For 19 years, since its establishment and to this day,
ACBA Leasing has been holding the lead in the leasing market of Armenia. ACBA Leasing, adhering to the motto " Make your aspiration a reality", will continue to develop dynamically. Over the past 3 years, the company has managed to triple its performance.
""Rebranding will allow us to further increase the presentability and popularity. Leasing clients are successful entrepreneurs who know the market well and want to maintain their leadership positionStarting only with agriculture, today we cover all sectors and segments of the economy", said Hakob Andreasyan, CEO of ACBA Bank and Chairman of the Board of ACBA Leasing.
"Currently, the company's leasing portfolio is 40 billion drams, and by the end of this year it is planned to increase it to more than 50 billion drams. In the next 2 years, it is planned to double the leasing portfolio, bringing it up to 100 billion drams. In this regard, the role of ACBA Bank, which is the holder of 100% of ACBA Leasing's shares, is very important. Daily support from the employees and branches of the bank allows the leasing company to carry out its tasks with high efficiency", ACBA Leasing CEO Aghasi Gasparyan , said, announcing the immediate plans to create new sales channels and expand the field of activity.
It should be noted that ACBA Leasing has been operating in the Armenian market since April 2003. According to financial reports as of March 31, 2022, the company's assets exceed $95 million, the loan portfolio is over $69.4 million. ACBA Leasing completed the Q1 2022 with a net profit of $1.4 million. The company's assets increased by 63.1% year-on-year, credit investments - by 36.7%, and net profit increased several times.
