Court to consider case in connection with bankruptcy of Standard Insurance

12:16 - 17.06.2020


June 17, Fineko/abc.az. A court hearing will be held on 23 June in connection with the declaration of Standard Insurance as a bankrupt.

ABC.AZ reports with reference to the insurer that the review will be held in the Baku commercial court.

The Board of the Central Bank of Azerbaijan made a decision to cancel the license of Standard Insurance on 19 May 2020 due to problems with capital and solvency.

 

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