Apparaisal & Insurance
It is the determination of the market/current value of the assets and liabilities of the item under evaluation, for the sake of determining its appropriate value. This is attained through the high level of expertise and qualified employees authorized by the Central Bank of Egypt
The purposes are:
- Determining the assets sale price based on current market value.
- Securing banks credits.
Assets evaluation and appraisal services include, yet not limited to:
- Production facilities
- Semi-finished and finished products
- Raw Materials
- Other Resources
Usually, on demand by banks to determine secured loan amount to the Banks customers, against a property. Or in cases of merger between two or more companies, when entering a stock market, or when liquidating a business.
Classification List for area of activity covered by GOST
- Agricultural Services
- Furniture and home furnishings stores
- Miscellaneous retail shops
- Textile mills
- Lumber and wood products
- Depository institutions ( Banks , and credit )
- Chemicals products
- Non-depository institutions
- Holding and other investment offices
- Industrial machinery and equipment
- Transportation equipment
- Health services
- Building materials and garden supplies
- Amusement and recreation services
- Heavy construction
- Food and Kindred products
- Apparel and other textile products
- Hotels and other lodging places
- Printing and publishing
- Rubber and misc. plastic products
- Stone, clay and glass products
- Food stores
- Electronic and other electric equipment
- Instruments and related appliances
- Trucking and warehousing
- Real estate
- Wholesale trade-consumer goods
- General merchandise stores
Loss and damage survey.
Claim settlement service of inspection to fulfill the requirements of claims of the behavior of insurance companies or policy holder.
Investigation survey to find facts in loss case covered by insurance and to verify the loss claimed by policy holder. Survey on the behavior of insurance company before issuing the insurance certificate.