Bank Of Baku

AtaSighorta to raise its authorized capital to AZN 2mln

AtaSighorta to raise its authorized capital to AZN 2mln
# 29 March 2007 12:11 (UTC +04:00)
Azerbaijan’s AtaSighorta Insurance Company intends to raise its authorized capital to AZN 2mln, Executive Director Ismayil Garayev told APA-Economics.
He said the board meeting will discuss increase of the authorized capital. He said AZN 250,000 of the announced amount was paid-up, as of March. AtaSigorta’s authorized capital reached AZN 1.25mln.
AtaSighorta was established by AtaHolding in 2004. It provides 31 voluntary and 4 compulsory insurance services. /APA-Economics/
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