AtaSigorta plans to increase statutory capital

Business Materials 30 December 2005 13:30 (UTC +04:00)

“In 2006 AtaSigorta JSC plans to increase the statutory capital of the Company,” Vusal Nasirli, the Director on Marketing and Sales of the Company, told Trend.

According to Nasirli, the figure comprises $1m. “The Company plans to increase the statutory capital up to $2m,” Nasirli underlined.

Nasirli also stressed that the Company renders services to clients on 31 kinds of insurance with 27 voluntary and 4 compulsory.

AtaSigorta was registered in July 2004 and started its functioning from September 2004. The co-constitutors of the Company are Ataholding and AtaBank.