Bank Of Baku

One more insurer’s license cancelled in Azerbaijan

One more insurer’s license cancelled in Azerbaijan
# 06 November 2014 09:03 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Bashak-Inam Insurance Company’s license was cancelled as its total capital did not meet the minimum sum of required capital in accordance with the legislation.   

 

According to the Finance Ministry, the license has been cancelled since November 4.

 

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