Bank Of Baku

Ata Sigorta increases authorized capital

Ata Sigorta increases authorized capital
# 05 March 2013 11:39 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based AtaSigorta finished placement of additional share emission in amount of AZN 1 mln. APA-Economics says after placement, the authorized capital rose 15.2% to AZN 7.6 mln.

 

THe company collected AZN 10.85 mln insurance premiums in 2012. At the same time, the payments made AZN 2.75 mln.

 

AtaSigorta has been in operation since 2004. the company operates 22 voluntary and 4 compulsory insurance types. The company has 4 branches and 4 representations.

 

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