Yerevan/Mediamax/. ACBA Leasing and Zeppelin Armenia companies signed a vendor agreement, under which they plan to lease equipment at the total cost of USD 7.5mln in 2011-2012.

Mediamax reports that the agreement was signed today by ABCA Leading General Director Stepan Gishyan and the Head of the exclusive representative of Caterpillar Company in Armenia “Zeppelin Armenia” LLC Heiko Kreisel.

Stepan Gishyan noted that construction equipment is very much in demand in Armenia and leasing will allow customers acquiring road-building, construction and mining equipment, as well as power units on more profitable conditions.

“We are glad to inform that customers, who turn to ACBA Leasing for purchase of CAT equipment from June 1-30, will be serviced at an annual interest rate of 9.9%”, Stepan Gishyan said.

Heiko Kreisel, in his turn, said that Zeppelin Armenia has been functioning in Armenia for over 6 years and pays special attention to servicing the sold equipment.

One can register leasing for CAT equipment in ACBA Leasing under the following terms: 20% prepayment, repayment term – 3-60 months, annual interest rate – 12-16%, and there is no need for pledge. Customers can be serviced and can make payments in all branches of ACBA-CREDIT AGRICOLE BANK.