Bank BTB increases its authorized capital by 28%

Baku. 13 December. REPORT.AZ/ Bank BTB OJSC will transform 14,45 mln AZN liability into equity tier 1.

Report was informed in the bank.

According to information, an authorized capital of the Bank BTB increased by 27.8% from 52 mln AZN up to 66.45 mln AZN.

Notably, Bank BTB was established in 2010. 75% of the bank's shares belongs to Mehdiyeva Nigar Ismayil, 19% to Rza Ismayil Sadig (Chairman of the Supervisory Board), and 6% to Mahmudova Tukazban Agha.