NBA publicized insurance companies and assessment institutions involved in mortgage lending

Business Materials 28 February 2006 21:19 (UTC +04:00)

The National Bank of Azerbaijan (NBA) publicized the list of the insurance companies and independent assessors which will be involved in the mortgage funding system, performed through the Azerbaijan Mortgage Fund (AMF). As AMF told Trend, 7 insurance and 8 assessment organizations have got rights for performing the agent functions while issuing mortgage loans.

From 28 operating insurance companies in the country the following have been selected: the State Insurance Company Azersigorta, the International Insurance Company, private Atasigorta, MBASK, Standard Insurance, joint companies Bashak-InamВ" (Рђzerbaijan-Рўurkey) and В"Рђteshgyakh (РђR-RF).

The following companies became the assessors of the real estate being a subject of the mortgage: Union of the Chamber of Trade and Industry В"РђzerexpertizaВ", consulting companies В"РђxIntellekt ServiceВ", В"РђzconВ", В"VneshExpertService, В" BilenderВ", В"KONEKOВ" Ltd, Joint Venture MAK Consultancy Baku Ltd. and REC Д°nvest.