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Full Company's name: ”FINANCE LEASING COMPANY”, Open Joint Stock Company (FLC) |
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Brief name: OJSC ”FINANCE LEASING COMPANY” |
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Country: Russian Federation |
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Chief executive: Zaritsky Evgeny Borisovich, General Director |
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Contact information: (095) 232-51-03, 232-06-31, , www.f-l-c.ru |
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Main office address: 105062, Russian Federation, Moscow, Makarenko Str. 6 building 1 |
Main lines of businessLeasing in Russia is the most efficient way to re-equip your enterprise. It provides power and gives impetus to your development.
FLC MAJORS IN
- Modern Aircraft Manufacture and Leasing;
- Offering leasing services to Russian defence enterprises;
- Engineering Manufacture and Leasing of Industrial Equipment;
- Ship-building and leasing of commercial vessels.
COMPANY’S FINANCIAL STRATEGY
The basic principle of the Company’s financial strategy is to provide continous investment activity obtaining required profitability.
The Company’s main objective is to provide financing for a wide range of leasing contracts (including international ones) in many industries as long as operations are profitable.
The Company realizes its strategy by means of:
- Liquidity management (balanced financing terms and rates, choice of sponsors, determining the commission charge, required additional resources);
- Risk management (participation of leasing customers in advance payment of guarantees, matching of the leasing contract’s volume with the growth of capitalization, strict compliance with the requirements set out in Instruction No. 62a of the Bank of Russia dated 30 June 1997 ”On the order of generation and usage of the reserve for possible losses on loans” when financing leasing operations);
- Minimisation of unprofitable resources;
- Application of its own resources as security for financial borrowing of the money allocated for investment activities.
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