Bank Of Baku

Tural Sigorta to increase its authorized capital

Tural Sigorta to increase its authorized capital
# 09 March 2007 14:03 (UTC +04:00)
Azerbaijan Tural Sigorta Insurance Company intends to boost its authorized capital 7.1% to AZN 750,000 by the end of this year.
Company Officer Hikmat Mehdiyev told APA-Economics that the authorized capital will be increased though equity investment.
The company will also expand its portfolio, by adding medical and liability insurance services.
Tural Sigorta was established by 10 individuals in 1994. Its authorized capital is AZN 700,000. The company provides services over 2 compulsory and 6 voluntary insurances. /APA-Economics/
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