Company History
Parsian Leasing Company was established on February 11th 2001 with the investment of “Iran Khodro Development Company” and in accordance with the laws of the Central Bank of the Islamic Republic of Iran as a “private joint stock” company and with the capital of one million Riyals and was registered under the number 170931 in Tehran Companies and Industrial Property Registration, and officially started its activity on September 23d 2001 under the name of “Khodro Savari Leasing”. At the end of 2003, after Parsian Bank bought the shares of the company, it changed its name to “Parsian Leasing Company”. During these years, this company had 6 stages of capital increasement and currently the capital of this company is 2,000 billion Rials. On December 19th 2017 and following the registration of the minutes of the Extraordinary General Meeting at the Companies Registration Office and after obtaining the necessary permits from the Securities and Exchange Organization and the Central Bank of the Islamic Republic of Iran, the legal personality of the company changed from “special shares” to “shares General”.
Parsian Leasing Company was listed on the second market of Tehran Stock Exchange under the symbol “Valepars” after acceptance and 20% of its shares amounting to 400 million shares were initially offered on 21th June 2020. In December 2022, the trading symbol of this company was upgraded from the second market to the first market (sub board). This company is one of the subsidiary commercial units of Parsian Financial Group, and the final commercial unit of the group is Parsian Bank. Currently, the company operates with the license received from the Central Bank.
Subject And Scope Of Activity
Parsian Leasing Company is among the best in the leasing industry in terms of volume of activities and has a large share of the country’s leasing market. It is capable of providing services in all provinces by providing financial support to various businesses. Due to its high knowledge, expertise and experience, this company has responded to the needs of real customers and legal clients, including householders, artisans, merchants and entrepreneurs. Currently, this company cooperates with the most reliable suppliers of capital goods and durable consumer goods, including manufacturers, importers and distributors, and has a portfolio of diverse leasing products and services. The field of activity of Parsian Leasing Company includes 1) passenger cars and heavy and work cars (new and secondhanded) 2) administrative and commercial real estate 3) types of equipment and machinery used in various industries and businesses 4) home appliances and computer equipments. It should be noted that this company is ready to examine requests for facilities for all kinds of goods needed by real and legal customers.
In order to finance the purchase of new and secondhand goods by real and legal persons, Parsian Leasing Company acted in the form of one of the contracts of “hire purchase” or “installment sale” and is also active in the field of providing “organizational facilities” and “Agency facilities” (receiving representation and agency of financial resources from individuals). Facilities are provided up to 50% of the value of the goods at micro, small, medium and large levels, the repayment period varies from 6 months to 36 months, and guarantees and collaterals are determined based on the company’s regulations. For general and special conditions, visit the
company’s website at www.parsianleasing.com. Economic enterprises and various businesses can use Parsian leasing facilities to sell their goods and services, increase their market share by increasing sales and optimize their product portfolio. In the real estate sector, owners of commercial and administrative complexes can sell their flats by using leasing facilities