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ACBA Leasing Covers 96% Of Armenian Leasing Services Market

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  • ACBA Leasing Covers 96% Of Armenian Leasing Services Market

    ACBA LEASING COVERS 96% OF ARMENIAN LEASING SERVICES MARKET

    ArmInfo
    15.02.2010

    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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