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Aayan Leasing settles KWD 182m debt in 8 yrs – Chairman

Aayan Leasing settles KWD 182m debt in 8 yrs – Chairman
Aayan’s outstanding debt amounts to KWD 135 million
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Mubasher: Aayan Leasing and Investment has managed to settle KWD 182 million in debts since 2012, the Kuwait-based firm’s chairman said.

These payments are part of the firm’s restructure plans, Fahad Ali Al Ghanim added.

The chairman further noted that the company’s outstanding debt amounts to KWD 135 million.

Aayan Leasing’s restructure plan aims to turn the firm profitable.

During the full-year 2018, the firm reported turning a profit, logging KWD 3.02 million, against a loss of KWD 850,000 in 2017.