New bank being set up in Azerbaijan
A new bank operating with full Azerbaijani capital is being
established in the country.
Bank BTB, after being registered by the Ministry of Taxes, applied to the Central Bank for a license, the Central Bank said.
The open joint-stock company, with capital stock worth 12 million manats ($15 million), was founded by Nigar Mehdiyeva, Jafar Aliyev and Elmaddin Aliyev, who are little known in the country’s business circles.
Emil Rzayev, who has until recently headed the Bank of Azerbaijan VIP subsidiary, is expected to take the post of the newly-established bank’s steering board.*
Bank BTB, after being registered by the Ministry of Taxes, applied to the Central Bank for a license, the Central Bank said.
The open joint-stock company, with capital stock worth 12 million manats ($15 million), was founded by Nigar Mehdiyeva, Jafar Aliyev and Elmaddin Aliyev, who are little known in the country’s business circles.
Emil Rzayev, who has until recently headed the Bank of Azerbaijan VIP subsidiary, is expected to take the post of the newly-established bank’s steering board.*
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
Subscribe
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!