OREANDA-NEWS. September 03, 2009. Leasing structure of one of Azerbaijani key banks Texnikabank – Texnika Leasing plans to introduce practice of real estate leasing in the country.

The Texnika Leasing reports that the company intends to extend a spectrum of rendered services and introduce real estate leasing.

“We plan to start commercial real estate leasing from 2010,” Azerdemiryolbank said.

Practice of real estate leasing did not develop in full in Azerbaijan. Only  Parex Leasing & Factoring LLC (subsidiary structure of Latvian Parex Bank) engaged in such type of leasing in the country.