“Leasing Company “Nur Leasing” LLP

General Director — Darkhan Toleuuly Abdykalyk

Certificate of state re-registration of legal entity No. 41414-1910-TOO of 05 June 2008.

Registered address: 406 Republic Square, Almaty, Republic of Kazakhstan, 050013.

Head Office

13, Republic Square, Office 629, Almaty, 050010.
Tel: +7 727 266 91 48, 250 25 99, fax: 250 63 17
info@nurleasing.kz
www.nurleasing.kz

Sales Department: +7 727 250 25 99
Leasing Department: +7 727 266 91 47, 250 63 17
Lease Administration Department: +7 727 250 32 59
Legal Department: +7 727 266 91 48
Accounting Department: +7 727 250 32 59

Regional Representative Offices

Nur-Sultan
47, Bogenbay batyr Ave., Nur-Sultan, Republic of Kazakhstan, 010000
Mobile: +7 701 309 57 45
E-mail: astana@nurleasing.kz

Date of Incorporation: 2001

Corporate Form: Limited Liability Partnership

Ownership Structure: 100% owned by Nurbank JSC

Core business: Financial leasing

Subsidiary Nurbank JSC Leasing Company Nur Leasing LLP has been a successful and dynamic business for a number of years. The company has got an extensive experience in the field of leasing services. It has established close relations with major suppliers. Partner relations have been established with many financial institutions.

Advantages of Subsidiary of Nurbank JSC Leasing Company Nur Leasing LLP:

1.    A professional team of specialists
2.    Personal approach
3.    Shortest processing time
4.    Provision of services in accordance with international standards
5.    Full support of the transaction: search for suppliers, conduct of negotiation in the interests of the client, legal support and customs clearance, insurance, delivery to the place of operation.

Benefits of leasing:

1.    Long-term financing;
2.    Leasing helps to replace fixed assets and acquire modern equipment without large upfront costs;
3.    The subject of leasing is used as a collateral, no additional collateral is required;
4.    Flexible, individual schedule of lease payments;
5.    Tax advantages:

                  o    exemption from VAT on import of equipment with the relevant HS code;
                  o    reduction of taxable income of the lessee by the amount of paid interest;

6.    Offering professional advice on negotiating with the suppliers, agreeing the terms of guarantees, drafting contracts of sale, international contracts and insurance agreements, as well as offering a number of additional services;
7.    Leasing may be the only source of financing for those who do not have any collateral.

How does the leasing deal work? 

1.    The lessee contacts the leasing company
2.    The lessor examines the project and negotiates with the supplier of a leased asset.
3.    The lessor makes a decision at the meeting of the Leasing Committee.
4.    The lessee, the lessor and the supplier conclude a tripartite sale and purchase agreement, at the same time the lessee and the lessor conclude a financial lease agreement.
5.    The lessee makes an advance payment.
6.    The supplier delivers the object of leasing to the lessee. Delivery includes transportation, customs clearance upon import of the leased asset, its registration and delivery to the lessee.
7.    Upon expiry of the lease agreement and payment of all lease payments, the ownership of the leased asset is transferred to the lessee.