Shares of JSC Bank BTB totaling 1.875 million manat were posted Wednesday on BSE.
Issue of 36.4 thousand ordinary documentary registered shares of 1 AZN passed state registration in May. According to the exchange, all shares were sold in a single transaction (investor). Underwriting is provided by JSC Unicapital.
Today 77.6 % taken (28.25 million manat) announced issue. According to the law shall be deemed issue when placing the half of it.
Paid charter capital od Bank BTB operating since 2010 thus reached 38.84 million manat.
The main shareholder of the bank (75% equity) is Mehdiyeva Nigar Ismail Gyzy (on unofficial estimates the daughter-in-law of the presidential administration head Ramiz Mehdiyev ) . The remaining shares are divided between two individuals. - 15B -
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review