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24.08.2010


KAZAKHINSTRAKH AND AZIA AVTO: PARTNERSHIP CONTINUES

Affiliate of National Bank of Kazakhstan AO Halyk-Kazakhinstrakh newly became a partner of Kazakhstan car assembling plant JSC AZIA AVTO in terms of accident insurance of company employees.

According to agreement between the companies JSC AZIA AVTO employees are insured against accidents at work at amount of 220,2 millions KZT. Insurance covers both production and administration and management personnel.

-Employees insurance is an element of social and labor guarantees provided by the collective agreement. Kazakhinstrakh becam an insurance partner of our plant in 2008- noted head of the company Yerzhan Mandiev,- fortunately, neither our cooperation nor AZIA AVTO history saw any accidents at our plant. Along with that, we feel more secure knowing that safety of our officials I ensured by one of the most competent companies.

According to report of Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations as of 01.08.2010 Affiliate of National Bank of Kazakhstan AO Halyk-Kazakhinstrakh is a leader on Kazakhstan insurance market in terms of volume of expenditures for insurance payments ( KZT 2,53 billions). Its shareholder equity amounts KZT 12,7 billions. Major shareholder is National Bank of Kazakhstan ( 99,7 % ofshare)

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