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New-Established VTB Leasing Intends To Become Leader At Armenian Mar

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  • New-Established VTB Leasing Intends To Become Leader At Armenian Mar

    NEW-ESTABLISHED VTB LEASING INTENDS TO BECOME LEADER AT ARMENIAN MARKET

    ARKA
    April 3, 2008

    YEREVAN, April 3. /ARKA/. Newly established VTB Leasing (Armenia)
    leasing credit organization, whose sole shareholder is VTB-Leasing,
    the largest Russian leasing company, intends to become the leader at
    Armenian market.

    The mission of VTB Leasing (Armenia) is to support Armenian developing
    companies' re-equipment and their competitiveness enhancement, the
    organization's press office reports.

    The organization is singled out for its reliability, sustainability
    and professional specialists.

    It provides the opportunity to implement long-term projects on
    beneficial conditions and ensures business transparency.

    The organization was registered by the Central Bank of Armenia on
    March 28, 2008.

    The organization general director is Valery Ovsyannikov.

    The capital of Russian VTB Leasing is $146.1 million, net profit
    $77.9 million and assets $3.46 billion.

    VTB Leasing received Ð'Ð'Ð'+ credit ratings and forecast "stable" from
    Fitch Ratings and Standart&Poor's international rating organizations.

    VTB Leasing has regional branches in Russia's 11 cities and offices
    in Ukraine, Cyprus, Belarus and Armenia.

    22 credit organizations function in Armenia now.

    --Boundary_(ID_9SRUofGlRTfZZhE/Pm2nog)--

    From: Emil Lazarian | Ararat NewsPress
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