Bank Of Baku

One more insurance company to be sold in Azerbaijan

One more insurance company to be sold in Azerbaijan
# 03 June 2014 11:23 (UTC +04:00)

Baku – APA-Economics. Royal Sigorta, of which license was abolished in February, 2014, will be sold.

 

Company told APA that the company will be sold completely or partly: “Currently, talks with potential investors are underway.  The buyer may be local or foreign”.

 

Goal of the sale is to involve additional capital and restore operation: “in order to increase the authorized capital to AZN 5 mln, new founder will be attracted”. 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED