AXA Mbask announced withdrawal of its shares from circulation


October 6, Fineko/abc.az. Insurance company AXA Mbask, whose licenses were revoked by the Central Bank of Azerbaijan earlier this year on the basis of the company's appeal, is withdrawing its shares from circulation.

ABC.AZ reports with reference to the State Tax Service under the Ministry of Economy.

By the decision of the general meeting of insurer’s shareholders (held at the address: Baku, Azi Aslanov Street, 80/9), 53,754 registered undocumented shares with nominal value of 382 manats (state registration number AZ1002003692) are excluded from circulation and liquidated.