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State Annuity Company paid dividends

The life insurance company State Annuity Company (SAC) has summed up the financial results for 2020 and paid dividends to the national budget, the organization’s press service reports.
State Annuity Company paid dividends

For 12 months of last year, the SAC’s net profit amounted to 1,100 million tenge. The company’s sole shareholder made a decision to pay 70% of dividends to the national budget.

Let us remind you that State Annuity Company has been operating in the insurance market since 2005. Its sole shareholder is the Government of the Republic of Kazakhstan represented by the Ministry of Labor and Social Protection of the Population of the Republic of Kazakhstan.

The payment was made in accordance with the order of the Cabinet of Ministers.

Photos are from open sources.

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