The insurance company Bashak Inam Sigorta appealed to the Financial Markets Supervision Authority (FIMSA) about the cessation of activity, the head of the FIMSA Board of Directors Rufat Aslanli told the media.
According to him, consent to the company's closure has been given.
It should be noted that the joint Turkish-Azerbaijani company was established in 1996. On the Turkish side, it was founded by Bashak Sigorta, and on the Azerbaijani side – by the re-insurance company Inam established by the World Bank, Turan Bank, and Agrarkredit.
The authorized capital of the company amounted to 7 million manat. ----71D
Economics
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