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Azerbaijani Central Bank decides on insurers of cash, fixed assets and vehicles

Business Materials 28 October 2011 13:49
The Central Bank of Azerbaijan (CBA) has decided on winners of the tender for insurance of cash, fixed assets and vehicles (CASCO), official press quotes the tender commission on Friday.
Azerbaijani Central Bank decides on insurers of cash, fixed assets and vehicles

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

The Central Bank of Azerbaijan (CBA) has decided on winners of the tender for insurance of cash, fixed assets and vehicles (CASCO), official press quotes the tender commission on Friday.

By the tender commission's decision dated Oct. 13, Azerbaycan Senaye Sıgorta became the winner of the tender for insurance of cash, fixed assets and vehicles, while Pasha Sıgorta -vehicles insurance. Contracts have been already signed with them.

Earlier, Pasha Sigorta provided 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.

Azerbaycan Senaye Sıgorta was established by the Azerbaycan Senaye Bankı in December 1996 and is a member of Azersun Holding Group of Companies. In 2010, the bank transferred half its shares to the Azerbaijani company Anadolu Investments.
Anadolu investments affiliated with the Turkish company Anadolu Cam Investment, which specializes in the production of canned products. Anadolu investments owns 97 percent of Azerbaycan Senaye Banki.

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