The quota share distribution, after this change, is presented as follows:
• SiCRED J.S.C. 91.63% of the shares
• KURUM INTERNATIONAL J.S.C 8.37% of the shares
Mr. Genc KOXHAJ, CEO of SiCRED J.S.C, also in the quality of the authorized representative of SiCRED J.S.C shareholders, explains that such a decision reinforces the group’s believe and positive expectations from the private pensions market in Albania, which seems to be a real opportunity for guaranteed and advantageous long-life investments for individuals, investments which have as a core objective the preservations of the living standard and the quality of life during the retirement.
(September 24, 2014)