AMF Looking for Integrated Insurer
Azerbaijan Mortgage Fund (AMF) is interested in insuring the car park, the office building, stock and property, as well as mandatory liability insurance in the operation of the office building. According to the structure, voluntary health insurance (VHI) workers is also held as a separate line.
Receiving offers from insurance companies will be held until April 13. The assessment is scheduled for April 14. Stamp duty for participation in the survey is 50 manat for each type of insurance.
AMF was established in December 2005 and in March 2006 it began to issue mortgage loans. In view of the disadvantages, issuing social mortgage lasted from January to July 2007.
On June 1, 2009 the process of issuing mortgage loans on commercial terms was resumed through 28 agent banks. In this case, on commercial terms mortgage loans are issued through funds raised from the issue of the Fund's own bonds. Social mortgage is provided by the budget. --17D-
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