OREANDA-NEWS. September 5, 2011. Azerbaijani Insurance Company Qarant Sigorta  has created second subsidiary. Its first subsidiary is Qarant  Sigorta  Agenti agency company.

Tax Ministry of Azerbaijan reports that LLC Qarant Invest with AZN 10.000 passed state registration in August. The company director is Rauf Aliyev.

Earlier chairman of Qarant Sigorta Board Vagif Hasanov reported  that the company was going to enhance its investment opportunities within the framework of which broker company  Qarant Kapital to provide broker services will be created. The broker company will provide mediator services in placement money at stock exchange. Creation of such company can be judged as both marketing move and additional conditions for investment activity improvement. Within investment activity  Qarant Sığortа is currently creating deposit bank accounts according to existing legislation and buys state securities but then certain part of the company investments will be placed through Qarant Kapital company. The company is now holding talks for making agreement with large international company to create their office in   Azerbaijan. The name of the company talks to which are underway is still commercial secret.