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Major Azerbaijani bank creates investment company

Business Materials 18 April 2018 11:46 (UTC +04:00)

Baku, Azerbaijan, April 18

By Azad Hasanli - Trend:

Azerbaijan’s Bank BTB has created a BTB Kapital investment company, Vergiler, the newspaper of Azerbaijan’s Taxes Ministry, reported April 18.

The authorized capital of the company is 350,000 manats. The official representative of the company is Rustam Jafarov.

Presently, five investment companies with a total turnover of 4.3 billion manats operate in Azerbaijan.

Bank BTB has been operating in Azerbaijan since 2010.

(1.7 manats = 1 USD on April 18)

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