Standard Insurance increases authorized capital

Standard Insurance increases authorized capital
# 14 May 2010 13:16 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Standard Insurance OJSC.

Issue volume AZN 3 000 000
Quantity of shares 30 000
Par value AZN 100
Underwriter “ Caspian Financial LLC

Owned by AB Standard Companies Group Standard Insurance company has been in operation since 2002. The company operates 4 compulsory and 20 voluntary insurance types.
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THE OPERATION IS BEING PERFORMED