15:37 - 7.04.2023

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April 6, Fineko/abc.az. Bank BTB has sold 100% of its investment company BTB Capital.

ABC.AZ reports that the purchase and sale took place the day before at the Baku Stock Exchange.

The value of the transaction reached the amount of financial institution’s authorized capital of AZN 350,000. The buyer is investment company’s dorector Ruslan Jafarov.

For over 5 years of activity BTB Capital’s authorized capital increased from AZN 350,000 up to AZN 600,000, and then up to AZN 1 million, and at the beginning of this year it was reduced to AZN 350,000.