CBA announces tender for cash, fixed assets and vehicles insurance

CBA announces tender for cash, fixed assets and vehicles insurance

Azerbaijan, Baku, July 28 / Trend, N.Ismayilova /

The Central Bank of Azerbaijan (CBA) has announced a tender for insurance of cash, fixed assets and vehicles (CASCO), the CBA tender commission reported on the bank's official website.

The bids are accepted until 18:00, Sept.1. The tender will take place in the Central Bank's administrative building at 15:00 on Sept.12.

Applicants should submit a bank guarantee in the amount of one percent of the tender proposal for participation in the tender, which will be valid until Dec.9 2011, a bank statement on financial status for the last year of activity, financial report for 2010 confirmed by auditor, a certificate from the tax authorities confirming lack of overdue liabilities on fulfilling tax and other compulsory payments.

At present, Pasha Sigorta provides services on insurance of fixed assets, cash and vehicles (CASCO) to the CBA.

Pasha Sıgorta, a member of the group Pasha Holding, offers 30 types of insurance services to corporate and individual clients through the central office in Baku and service branches in Sumgait and Khirdalan.

The official exchange rate is 0.7866 manat to $1 on July 28.

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