Bank BTB Expands Lending to Small and Medium-sized Enterprises
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
-
The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
-
Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
-
The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
-
In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
Leave a review