JSC Bank BTB decided to bring the authorized capital up to 50 million manat in accordance with the requirements of the Central Bank of Azerbaijan.
As stated in the Baku Stock Exchange (a space for redemption), an additional issue of shares totaling 5.16 million AZN was placed yesterday. There are 5,160 shares with a par value of 1,000 AZN each.
Thus, the share capital of this body will increase by 11.5%.
Shares of Bank BTB are included in non-quotation list of BSE. Underwriter of the shares of the bank under the additional issue is OJSC Unicapital. --17D-
Economics
-
The first Russian-Iranian joint LNG plant is planned to be built in the Chelyabinsk region by 2027, as reported by Nikolai Isakov, Vice President and Executive Director of the Russian Gas Society. The joint venture will be developed by Kriogaz Chelyabinsk (Russia) and North-South Corridor Development Group (Iran).
-
The Southern Gas Corridor (SGC) will expand by at least 1.2 billion cubic meters per year starting from January 2026, thanks to the capacity increase of its European segment, the Trans Adriatic Pipeline (TAP). By this time, the potential for transporting a blend of hydrogen with other low-carbon gases through TAP is expected to become clearer.
-
Azerbaijan’s state oil company SOCAR signed a memorandum of cooperation with North Macedonian company ECM on Thursday, during a visit to Baku by North Macedonia's President Gordana Siljanovska-Davkova, an informed source told Turan.
-
Discussions were held in Baku within the framework of the 29th session of the Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, focusing on the "Decarbonization and Climate Adaptation of the Cotton-to-Clothing Value Chain." Among other topics, the state of cotton farming in Azerbaijan was also addressed.
Leave a review