Insurance company AtaSigorta opened another branch , this time in the city of Lankaran. Now in possession of the insurer 5 branches and 10 representative offices, although the registry State Insurance Supervision Service lists only one branch Merkez in the center of the capital.
As stated in the press release of this structure, a new branch also offers customers a wide range of insurance products and services. According to the chairman Museyib Aliyev, further work on expanding the service network will continue.
Company AtaSigorta is a member of the Compulsory Insurance Office. The resolution for insurance activities was received in July 2004, and since September 2009 it has had a perpetual license .
The sole shareholder of the company is an investment vehicle AtaHolding. The company provides 26 types of insurance. The authorized capital is 7.6 million manat.
From January to November premiums totaled 10,815,270 manats payments - 2,184,170 manats. - 17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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