Bank Of Baku

Garant Sigorta increases authorized capital by 50%

Garant Sigorta increases authorized capital by 50%
# 13 February 2012 12:41 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Garant Sigorta intends to increase the authorized capital by 50% top AZN 6 mln, Fuad Allahverdiyev, acting as chairman of Board of Directors told APA.

According to him, the company will apply to State Committee for Securities for registration of AZN 2 mln additional share emission.

Remind that, Garant Sigorta has been in operation since 2007. The company operates 18 voluntary and 4 compulsory insurance types.
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