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Central Bank of Azerbaijan attracts insurer

Economy Materials 22 June 2015 14:09 (UTC +04:00)
The Central Bank of Azerbaijan has announced a tender for the provision of insurance services on a package of insurance of fixed assets, cash and vehicles (CASCO)

Baku, Azerbaijan, June 22

By Azad Hasanli - Trend:

The Central Bank of Azerbaijan has announced a tender for the provision of insurance services on a package of insurance of fixed assets, cash and vehicles (CASCO), said the message of the tender commission, published June 22 in the official press.

The participation fee is 200 manats.

The official exchange rate for June 22 is 1.0473 AZN/USD.

The bids, backed by a bank guarantee in the amount of one percent of their value, are accepted until 18:00 (GMT + 5 hours) August 6, 2015. Opening of bids will take place at 15:00 (GMT + 5 hours) August 7.

Bidders must have a license for such kinds of insurance, and should be members of the Compulsory Insurance Bureau.

The level of aggregate capital of the bidders must meet the requirements of the Ministry of Finances and should not be less than 5 million manats.

Under the terms of the tender, the winner must begin to provide services since November 1, 2015. Services will be provided during the year.

Further information can be obtained on the following contacts:

Phone: (+994 12) 493-11-22 (ext. 599);

Contact person: Jeyhun Samandov (employee of the Administrative Department);

Phone: (+994 12) 493-11-22 (ext. 428);

Contact person: Elvin Shirdanov (employee of the Legal Department).

Edited by CN

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Follow the author on Twitter: @AzadHasanli

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