The general meeting of JSC Bank BTB dismissed Jeyhun Pashaly from the post of Chairman of the Supervisory Board and appointed Rza Sadig in his place.
Rza Sadig is a shareholder and owns 19% of the shares.
JSC Bank BTB was founded in 2010. The bank is monitored by Nigar Mehdiyeva (75%), the sister of Rza Sadig. At the beginning of October, the bank's assets amounted to 156 million manats, which is 14 million manats more than in the beginning of the year. Over three quarters the bank gained profits in the amount of 132.4 thousand manats.
The other day the issue of shares of the bank, amounting to 2 million mantas was registered. Thus, the capital of Bank BTB was brought to 52 million manats. -----08D
Economics
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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Данная инициатива направлена на цифровизацию процессов управления в сфере безопасности пищевых продуктов в Азербайджане, создание более эффективной и прозрачной системы за счет применения современных технологий.
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Azerbaijan’s President Ilham Aliyev has signed a decree confirming an agreement between the governments of Azerbaijan and Russia aimed at boosting transit cargo shipments along the "North-South" international transport corridor.
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