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.