JSC Bank BTB increased its capital by 10.2 million manat, thereby bringing the total capital to 30 million manat.
As stated in the bank , as part of the general meeting of shareholders solutions share capital of Bank BTB before the end of 2013 will reach AZN 50 mln, thus the total capital of the bank exceeded the requirement of the Central Bank for the minimum total capital .
Bank BTB was founded in 2010 (license number 254), and is a universal financial and credit institution, provides a full range of banking services. At present the network service in addition to the head office has 10 branches and 4 offices. -15D -
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.
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Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.
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