ACBA Leasing is the first in Armenia to launch consumer leasing for individuals. The press office of the company has told ArmInfo that due to the novelty, the individuals will be able to acquire consumer goods (including bicycles, solar energy collectors) at prices ranging from 200 thsd to 15 mln AMD. The redemption period ranges from 3 to 84 months.
Along with the consumer leasing, the company also provides an Express Car Leasing service.
The advantages of consumer leasing is the lack of collateral, accelerated request screening, various discounts and special campaigns.
ACBA Leasing cooperates with 60 foreign and local suppliers and provides an extensive range of options to the customers. The client-oriented and flexible policy allows the company to regularly design and introduce new products dictated by the market needs.
According to the Ranking of Credit Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo), by 1 October 2015, the share of lending in the assets of ACBA
Leasing exceeded 91% to 11.1 bln AMD. The year-over-year growth of this indicator was 5.5%, and the growth for Q3 alone was 4.3%.
To note, ACBA Leasing has been operating on the financial market of Armenia since April 2003.The majority shareholders of ACBA Leasing are Credit Agricole Leasing & Factoring (38%) and ACBA-Credit Agricole Bank (54%). The company's branches are stationed in the branches of ACBA-Credit Agricole Bank. The latter has 56 branches (16 in Yerevan and 40 in the provinces of Armenia).