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International Insurance Company cuts tariffs

11 October 2011 11:25 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. Starting from 10 October of the year the International Insurance Company has been offering subsidized insurance for customers of the International Bank of Azerbaijan.

According to ICC, from now on every IBA client to insure its collateral under the credit can do it with a 20% discount.

This step is taken in order to create attractive conditions for potential clients of the IBA. Both private and corporate clients may benefit from preferential tariffs on all types of loans that require collateral in the form of movable or immovable property.

"The benefits of bank customers from this decision are obvious. However, we are sure that this step will positively affect on both the image of our company and its future activities. Expansion of client base is an investment in the future," said IIC chairman of board Mammad Sadikh Mammadov.

ICC was founded in 2002 and today is among Top 5 leader insurance companies of Azerbaijan, providing a full range of five mandatory and 32 voluntary insurance services.