Leasing under Cooperation of Aiyl Bank with Republic of Belarus

On this business meeting the opportunities for cooperation on leasing of agricultural machinery and special equipment produced in Republic of Belarus were discussed. Discussion also concerned issued of subsidizing interest rates on leasing of equipment produced in Republic of Belarus

In February this year we plan to sing an agreement on subsidies between Republic of Belarus and Aiyl Bank. This will facilitate leasing conditions for local farmers thus promoting development of agricultural sector.

The main factor of Aiyl Bank cooperation with Government of Republic of Belarus is Bank's sustainable indicators and high financial indicators.

For the last years the banks achieved significant results: as of 01.01.2016 Bank assets are 16,4 bln.som and increased more than 1,5 times comparing to similar period of last year. Loan portfolio is 10,1 bln.som and increased more than 1,3 times comparing to similar period of 2015. At the same time loan repayment rate is over 99%.