TODAY.AZ / Business

Amrah Sigorta to raise its authorized capital 12.5%

17 March 2007 [10:56] - TODAY.AZ
Azerbaijan's Amrah Sigorta Insurance Company intends to raise its nominal capital by 12.5% by this year's end.

Company's official Rovshana Javadova told APA-Economics that the company's authorized capital to reach AZN 800,000 through funding by local shareholders.

The insurer raised its paid-in capital by 16.6% during 2006 through the rise in the number of shareholders.

Two individuals established Amrah Insurance in 1993. It provides 3 compulsory and 14 voluntary insurance services at present.

URL: http://www.today.az/news/business/38093.html

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