Authorized Capital of VTB Bank (Azerbaijan) Exceeded 50 Million Manat
Shares of JSC VTB Bank (Azerbaijan ), totaling 13.23 million manat posted on Friday on BSE .
The issue 135 million ordinary registered non-documentary shares of AZN 0.2 was registered by the end of last month. According to the exchange, all shares were sold in two transactions (two investors ) . Underwriting was provided by LLC Brokdil-az.
At present, they've placed 100 % of the announced issue. Thus, the authorized capital of the bank exceeded 50.81 million manat.
JSC VTB Bank (Azerbaijan) is a subsidiary of VTB Bank. The shareholders of JSC VTB Bank (Azerbaijan) are: JSC VTB Bank and JSC AtaHolding. JSC VTB Bank (Azerbaijan) provides services to corporate businesses , small businesses and private clients. The bank is now represented by 4 branches and the Office of Customer Service at Head Office. -15D -
Economics
-
Last year, Azerbaijan's exports fell sharply. In 2024, the country's exports amounted to $26.55 billion, while imports stood at $21.06 billion. The positive trade balance was $5.50 billion, according to the State Customs Committee (SCC).
-
The final investment decision (FID) for the construction of the Shafag Solar Power Plant (SPP), based on a feasibility study, is expected in 2025, BP Vice President for the Caspian Region Bakhtiyar Aslanbayli told journalists on Friday.
-
BP Plc plans to start gas production from the deep gas reservoirs of the Azeri-Chirag-Gunashli (ACG) block by the end of 2025, BP-Azerbaijan's head of press service, Tamam Bayatly, told reporters.
-
In a strategic move to bolster innovation and technological advancement, Azerbaijan’s İRİA (Innovation and Digital Development Agency) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MoU). The agreement aims to deepen economic, industrial, scientific, and technological collaboration between the two countries.
Leave a review