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-

 

 

 

 

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