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Azerbaijani Mega Sigorta IC increases capital by 5 per cent

Business Materials 16 May 2013 20:30 (UTC +04:00)
‘Mega Sigorta’ insurance company of Azerbaijan increases its authorized capital from current 10 million to 10.5 million manat.
Azerbaijani Mega Sigorta IC increases capital by 5 per cent

Azerbaijan, Baku, May 16 / Trend A.Akhundov /

'Mega Sigorta' insurance company of Azerbaijan increases its authorized capital from current 10 million to 10.5 million manat.

The State Securities Committee (SSC) of Azerbaijan registered an issue prospectus of 100 ordinary registered documentary stocks at a par value of 5,000 manat each, the Committee reported on Tuesday.

'Mega Sigorta' insurance company began operating under the new brand on October 1, 2010 and has a license for providing 29 kinds of insurance services, including three mandatory ones.

The official exchange rate for May 16 is 0.7846 AZN / USD.

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