The insurance company Standard Insurance intends to increase its charter capital up to 15 million manat (+ 36.4%).
According to the Chairman of the Board of the company, Aydin Rahmanov, this index is currently 11 million manat, but the implementation of the strategic plan for 2015-2016 will direct the profits not distributed against the possible risks.
JSC Standard Insurance has been in the local insurance market since October 2002. A legal entity is the shareholder. --17D-
Economics
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The Central Bank of the Republic of Azerbaijan aims to enact green bond legislation by year-end, Chairman Taleh Kazimov announced on Thursday during a roundtable discussion at Baku Climate Action Week focused on personal finance.
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Azerbaijani President Ilham Aliyev inaugurated several new enterprises and toured ongoing construction projects in the Zangilan district on Thursday, marking significant strides in the region’s post-occupation recovery.
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Azerbaijani President Ilham Aliyev on Thursday inaugurated several new enterprises and inspected ongoing construction projects in the Jabrayil district, recently liberated from occupation.
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President of Azerbaijan Ilham Aliyev has signed a decree approving a revised structure for auxiliary structural units within the country's state bodies, aiming to enhance administrative efficiency and optimize governmental functions.
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