AXA MBASK to Live in New Way
The insurance company AXA MBASK with the strengthening of the main shareholder begins to live by the new rules. September 18 at 10:00 will be a general meeting of shareholders for the purpose of creating the Audit Commission.
As they say the government media, the event was first held in the new office of the company (business center Azure in Baku at Nobel Avenue, 15). On the agenda there is only the said question.
Those interested can contact for more information to Fuad Musa call 5965570 (extension - 116).
Earlier, Turan reported that the proportion of AXA Group in the share capital of a local financial institution has reached 84% (19,202 shares or 7,353,170 manat), which allows it to take unilateral decisions. Eldar Garibov has 16%.
Open Joint Stock Company AXA MBASK has been operating in the insurance market since 1992 and provides services on 25 voluntary and 4 compulsory insurance items.
In October 2010, the insurance company changed its main shareholder, and on 7 December of that year, its license was renewed. The controlling stake (51%) was acquired by AXA Group (France) through its subsidiary AXA Sequros Generales, SA, De Sequros Y Reasequros (Spain).
Paid-up share capital of the company amounts to 8,732,520 manats. It has a national network of 5 branches and representative offices. - 17D-
Economics
-
Vahid Magerramov, Head of the Public Association for Support of Agrarian Reforms, has raised concerns over rising consumer prices in Azerbaijan, warning that the inflation trend could have serious economic consequences for the country.
-
Silk production in Azerbaijan decreased by 32.9% year-on-year in the first eight months of 2024, reaching 239.4 tons, according to data released by the State Statistics Committee. The decline was attributed to a reduction in the number of silkworm seeds distributed to farmers, reflecting a longer-term trend in the sector's contraction, noted agricultural expert Vahid Maharramov.
-
Sunniya Durrani-Jamal has officially taken office as the new Country Director of the Asian Development Bank (ADB) in Azerbaijan, succeeding Candice Mcdagan, who held the position since 2021. Durrani-Jamal brings over 25 years of professional experience, including 16 years in senior roles at ADB, to her new position. She previously served as ADB’s Regional Director in Cambodia and Senior Advisor to the Vice President for East Asia, Southeast Asia, and the Pacific.
-
Azerbaijan's drive to diversify its economy is faltering, despite years of policy announcements and state programs aimed at reducing reliance on the energy sector. The country has struggled to implement effective diversification measures, leaving it vulnerable to external economic pressures, analysts said.
Azərbaycan hansı təhlükələrdən ehtiyyat edir; xarici müdaxilə, hibrid təhdid, sistemsiz müxalifət? – Nəsimi Məmmədli Çətin sualda
News Line
-
- Social,
- 13:47
- 132
Leave a review