Bank Of Baku

Azal Sigorta Company acquires perpetual licence

Azal Sigorta Company acquires perpetual licence
# 22 November 2010 08:18 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijani Ministry of Finance has given a perpetual licence to Azal Sigorta Company, chairman of Board of Director Niyazi Imanov told APA.

According to him, the Ministry has given the perpetual licence to the company in connection with ending of former licence term.

Note that, 10 insurance companies of 27 operate with the perpetual licence.

Azal Sigorta has been in operation since 1995. The company operates 16 voluntary and 2 compulsory insurance types.
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