“Association of Uzbekistan Lessors” and “VEB-Leasing” JSC signed a Cooperation Agreement in the framework of the I-st Forum of interregional cooperation between the Republic of Uzbekistan and the Russian Federation on October 19, 2018.
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The parties of the agreement expressed interest in developing a leasing financial instrument in the territory of the Republic of Uzbekistan, and also agreed to cooperate on the development of leasing financing, including consulting support in the framework of emerging joint projects.
“VEB-Leasing” JSC is the largest leasing company in Russia. The main activity of “VEB-Leasing” JSC is to provide vehicle leasing services (rail, air, motor, water transport), as well as technological equipment to companies in the Russian Federation and abroad. The company has been operating in the Russian market since 2003, and since 2008 it has been part of the Vnesheconombank Group.
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“VEB-Leasing” JSC is one of the leaders in the Russian leasing market. As of January 1, 2018, the share of the company’s leasing portfolio in the market is 10%, in terms of the volume of new business — 11%. Also, “VEB-Leasing” JSC has subsidiaries in Belarus and Kazakhstan.
