The shares of "Bank BTB" for a total of 3 million manat posted on Monday on the BSE .
Issue of 36.4 million ordinary documentary registered shares of 1 AZN passed state registration in May. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting was provided by Unicapital.
On today placed 63.8 % ( 23.24 million manat) announced issue. According to the legislation issue is held in the case of placing her half .
Paid charter capital, operating since 2010, "Bank BTB" thus reached 36.84 million manat. The main shareholder of the bank (75 % equity) is Mehdiyeva Nigar Ismayil Gyzy (on unofficial estimates - the daughter-in-law of the head of the Presidential Administration Ramiz Mehdiyev ) . The remaining shares are divided between two individuals. - 15B-
Economics
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Emin Agalarov, an Azerbaijani businessman and prominent figure in the country's entertainment industry, has reignited the debate over the legalization of gambling in Azerbaijan with his latest proposal to open a casino in the upscale Sea Breeze resort complex, located in the traditionally conservative village of Nardaran. In a candid interview with Russian journalist Ksenia Sobchak, Agalarov revealed that the initiative is currently under government review, stirring speculation about the potential impact on the country's economy and social fabric.
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The State Oil Fund of Azerbaijan (SOFAR) reported revenues of $4.60 billion from the Azeri-Chirag-Guneshli (ACG) oil field in the January-September period of 2024, a decline of 12.1% compared to the same period last year. In 2023, SOFAR recorded revenues of $5.23 billion from ACG, the largest oil field in Azerbaijan.
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Azerbaijan launched its first trade forum on Monday to highlight the opportunities and challenges faced by small and medium-sized enterprises (SMEs). The forum, titled “Opportunities, Current Situation and Challenges for SMEs,” aims to strengthen dialogue between the public and private sectors while promoting international business cooperation.
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Vahid Magerramov, Head of the Public Association for Support of Agrarian Reforms, has raised concerns over rising consumer prices in Azerbaijan, warning that the inflation trend could have serious economic consequences for the country.
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