![The authorized capital of the bank BTB is 50 million manat](https://turan.az/resized/./turan-750-500-resize.webp)
The authorized capital of the bank BTB is 50 million manat
BTB Bank does not intend to leave the financial area of ??the country.
According to the Baku Stock Exchange (http://bfb.az/news/2013/05/bank-btb-asc-nin-sehmlerinin-yeni-emissiyasi/2910), the bank intends to repay the issue in the amount of 36.4 million manat. Each of the 36.4 million shares will be worth 1 thousand manats.
If you add to this figure the share capital (13.6 million as of June 7, 2012), you get standard CBA - AZN 50 million needed to extend the license for banking activities.
The founders of the bank are the three individuals. The supervisory board also includes three, one of which Hafiz Mammadov (Chairman of Baglan group FZCO, president of several financial institutions and FC "Baku"). Besides him, the leading structure presented notary 29th Jeykhun Pashaly office and chairman of the National Assembly of BTB Asim Salaam.
Chairman of the Board is Emil Rzayev. - 17D-
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