Absheron Insurance to raise authorized capital by 11%

Absheron Insurance to raise authorized capital by 11%
# 17 May 2007 09:07 (UTC +04:00)
Azerbaijan’s Absheron Insurance Company intends to raise its authorized capital 11.1% to AZN 800,000 by this year’s end.
The company told APA that the capital will be increased through funding from the existing shareholders.
Established in 1993, Absheron Insurance provides 20 voluntary and 4 compulsory types of insurance services. /APA-Economics/

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