Baku Stock Exchange will report to its stakeholders tomorrow

Baku. 24 May. REPORT.AZ/ Baku Stock Exchange (BSE) stakeholders will convene for traditional annual meeting tomorrow.

Report informs referring to BSE, the meeting will be held at one of Baku hotels.

The agenda of the meeting include endorsement of 2017 financial report and other issues.

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%.