The Central Bank of Azerbaijan (CBA) announced a new tender for the insurance companies for a period of 1 year. The agreement provides for insurance of fixed assets, cash and vehicles on the balance of the country's largest bank.
According to an announcement on the bank's website, the applicants have to present several documents: a certified audit of the financial statements for the previous year and the first quarter of this year, a bank reference on the financial condition for the last year on condition that their equity capital is at least 5 million manats.
Those insurers, who offer a reasonable price, terms of insurance in the framework of the service package and a size of the franchise with high ranking partners - international reinsurance companies, will win.
The documents should be returned by July 26 and announcement of the winner will take place the next day. To participate you have to pay a state fee in the amount of 200 manats.
Recall, the latest winner of the tender is the insurance company Pasha Sigorta. --17D-
Economics
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