Standard Insurance gets 44% decline in total capital

 Standard Insurance gets 44% decline in total capital
# 31 March 2017 15:16 (UTC +04:00)

In 2016 Standard Insurance OJSC’s assets declined 22.5% to AZN 20,089,074.

Company says the long-term assets made up AZN 3,243,769, short-term assets AZN 16,845,305.

Authorized capital remained unchanged at AZN 11,000,000. Total capital dropped 44.2% to AZN 7,304,219.14.

Liabilities slipped 0.53% to AZN 12,784,855, including long-term liabilities amounted to AZN 11,244,781, short-term liabilities to AZN 1,540,074.

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