Baku. Yegane Lachinzade - APA-Economics. Bank BTB OJSC decided to issue subordinated debt worth $8.5 mln.
Bank says it appealed to the State Committee for Securities and subordinated debt issuance was registered on February 23 and the issuance was completed on March 17 (registration number AZ2001009441).
By involving a new investor, bank’s total capital made AZN 61,727,190, up 21% from December 31, 2015.