Bank Of Baku

AzSigorta increases authorized capital sharply

AzSigorta increases authorized capital sharply
# 22 December 2011 14:38 (UTC +04:00)
Baku. Nİjat Mustafayev – APA-Economics. State Committee for Securities has registered the emiision prospectus of ordinary, book-entry shares of AzSigorta OJSC.

SCS says face value is AZN 198,597.18, quantity – 100 and volume – AZN 19,859,718. After placement, the authorized capital will increase by 2.1 times to AZN 19,859,718.

Remind that, AzSigorta has been in operation since 2006. The company operates 25 voluntary and 3 compulsory insurance types.
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THE OPERATION IS BEING PERFORMED