Baku Stock Exchange makes new appointment

Baku. 21 July. REPORT.AZ/ Head of International Relations and Corporate Communications Department at Baku Stock Exchange Nurana Heydarova was replaced by Chingiz Huseynov.

Report informs, earlier, Ch. Huseynov was an adviser to the chairman of the National Depository Center.

Notably, BFB was established in 1997. Its authorized stock capital is AZN 1.26 mln. BFB stakes are held by 20 legal entities. Among them are 5 local banks (Azer-Turk Bank, Azerbaijan Industry Bank (ASB), Kapital Bank, International Bank of Azerbaijan and under liquidation United Credit Bank), 14 local and international investment companies, even Istanbul Stock Exchange (Borsa Istanbul). Each of stakeholders, except ASB, holds 4.76% of shares of the company. ASB’s stake in BFB amounts to 9.52%.