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Investment Portfolio of Azerbaijani Insurance Company Exceeds AZN4mln

Business Materials 14 July 2008 13:36 (UTC +04:00)

Azerbaijan, Baku, 14 July / Trend , corr U. Ismayilova/ Ata Sigorta insurance company of Azerbaijan has increased its investment portfolio, the company said on 14 July.

In January to June, the investment portfolio of the company increased by 23.5% and totaled to AZN4.5mln, AZN3.8mln out of which accounts for bank deposits, AZN99,600- government t-bills and AZN581,200 - securities of the trusted business organizations.

Ata Sigorta has been operating in the insurance market of Azerbaijan since 2004. The authorized capital stock of the company amounts to AZN2mln. The company is included in Ata Holding.

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