Azerbaijani Insurance Company to increase its capital
Azerbaijan, Baku, Jan. 18 / Trend U.Ismayilova /
Azerbaijani State Securities Committee registered ordinary, registered, documentary shares of Amrah Sigorta OJSC, the BSEX reported
The total emission amounts to 1,000,000 manat. Total amount of securities is 5,000 with 200 manat nominal value for each
Amrah Sigorta will raise its authorized capital to 2.000.000 manat in connection with placement of share issue, the company said today.
The company will increase its authorized capital through the company's sole shareholder-
The Amrah Sigorta insurance company has been operating since 1993. The company provides 18 types of insurance services including 3 mandatory types. The companies' premiums were 0.22 million manat and payments - 0.12 million manat from January to November.
On Jan. 18, the official exchange rate is 0.8030 manat to $1.