Bank Of Baku

Azerbaijan Industry Insurance company announced winner of CBA’s tender

Azerbaijan Industry Insurance company announced winner of CBA’s tender
# 15 November 2011 09:28 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The Central Bank of Azerbaijan made public the results of tender held on insurance of fixed assets, cash and vehicles.

According to results of estimation of proposals submitted in the tender, Azerbaijan Industry Insurance OJSC has been announced winner of the tender and appropriate insurance agreement was signed with the company.

Remind that, among shareholders of the company are Azerbaijan Industry Bank (50%) and Anadolu Investment Company LLC (50%). As of November 1, 2011, authorized capital of the company made AZN 6 mln. The company operates on 28 voluntary and 5 compulsory insurance types.
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