Wednesday, September 7, 2011

Sberbank Leasing to finance $15-million lease for Almaty municipal ...

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Sberbank Leasing to provide $15-million lease for Almaty municipal services

(SRI) - Sberbank Leasing Kazakhstan LLP will supply 173 road treatment vehicles to Almaty municipal service company, Almaty Tazalyk, the company said in a statement on Friday.

Sberbank Kazakhstan, a subsidiary of Russia?s largest bank, Sberbank, will finance the 420-million-ruble ($15-million) deal, the leasing company said.

The delivery of the leased equipment - KAMAZ, GAZ, PAZ, Hyundai and MTZ trucks - will be completed by the end of November and the lease term will be three years, Sberbank Leasing Kazakhstan said.

Sberbank Leasing Kazakhstan, a subsidiary of Sberbank Kazakhstan, has operated in the Central Asian country since February 2011.

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Source: http://silkroadintelligencer.com/2011/09/05/sberbank-leasing-to-finance-15-million-lease-for-almaty-municipal-services/

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