JSC Bank BTB expands lending to small and medium-sized businesses.
According to the official information from the bank, therefore they will be offered a variety of credit banking products and services, in connection with which the bank has adopted a strategy of Growth with a Client.
JSC Bank BTB with the authorized capital of AZN 50,390,000 has been in operation since April 2010. The Chairman of the Supervisory Board is Sadig Reza, and the Chairman of the Board is Samir Gojayev.
The main shareholder is Nigar Mehdiyeva (75%). Sadig Reza has 19% and Tukazban Mahmudova has 6%. -- 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review