Bank Of Baku

Bashak-Inam Insurance Company raises share capital

Bashak-Inam Insurance Company raises share capital
# 30 June 2009 15:34 (UTC +04:00)
Baku. Elnur Huseyngulyuev - APA-Economics. Bashak-Inam Insurance Company, an Azeri-Turkish Joint Venture, intends to double its authorized capital to AZN 2 million by this yearend.

Orkhan Hasanov, director of the Company, said the decision is due to be approved a general meeting of shareholders to be held on July 3.

The meeting also will discuss other current issues.

Bashak-Inam has been in operation since 1996.
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