The leasing company GTLK Middle East has been registered in Dubai

November 29, 2018 - 09:34
The leasing company GTLK Middle East has been registered in Dubai

DUBAI, UAE - EQS - 28 November 2018 - GTLKGroup registered its subsidiary GTLK Middle East in Dubai (UAE). The company'sactivities will be aimed at leasing aviation equipment, as well as attractingfinancing of Middle East funds. Airlines of the Middle East and Africa canbecome GTLK Middle East's customers.


"We've started developing GTLK Global, afull featured leasing platform, abroad. Our first foreign "daughter",the Irish GTLK Europe, has been operating for six years already with goodresults. The second one, GTLK Asia, was registered in Hong Kong in September.Considering the registration of GTLK Middle East, all three companies make upthe foreign leasing platform which can be used to introduce Russian products(civil helicopters and aircraft) to international markets." -- SergeyKhramagin, Director General of GTLK, noted.


State Transport LeasingCompany (GTLK) is the largest leasing company in Russia. It leases air, waterand rail transport, automotive and special equipment for domestic enterprisesof the transport industry, as well as invests in the development of Russiantransport infrastructure. The sole shareholder of the company is the RussianFederation represented by the Ministry of Transport of the Russian Federation.GTLK has double B credit ratings from three leading international ratingagencies, as well as a national scale rating of A+(RU) from the ACRA agency.The company's leasing portfolio exceeded USD 13.3 billion as of 31 June 2018.