Fidan Insurer to raise authorized capital 35%

Fidan Insurer to raise authorized capital 35%
# 18 April 2007 14:36 (UTC +04:00)
Azerbaijan’s Fidan Insurance Company intends to raise its authorized capital 5.1% to AZN 1mln, the company director Jahandard Osmanov told APA-Economics.
At present the company’s nominal capital is AZN 740,000.
Established by one legal and two individual bodies in 1994, Fidan provides one voluntary and four compulsory types of insurance services. /APA-Economics/

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