In the past 2023, the net loss of Bank BTB OJSC amounted to 2 million 779 thousand manats.
Yeniavaz.com reports that Bank BTB OJSC suffered losses for 3 of the last 4 years.
Thus, in 2022, the bank’s net loss amounted to 4 million 975 thousand manats, and in 2020 - 9 million 130 thousand manats.
For information, 74.99% of the shares of Bank BTB OJSC belong to Mehdiyeva Nigar Ismail gizi, 19.01% - to Sadig Rza Ismail ogly, 6% - to Mahmudova Tukezban Agha gizi.

Nigar Mehdiyeva

It should be noted that Nigar Ismail gizi Mehdiyeva, the main shareholder of Bank BTB, is the daughter-in-law of the former head of the presidential administration, former President of ANAS Ramiz Mehdiyev. Another shareholder of the bank, Sadiq Rza Ismail ogly, is her brother.

Sadiq Rza

It should also be noted that oncologist Nigar Ismail gizi Mehdiyeva, who is currently the deputy director of the oncology clinic of the Medical University, and Rza Ismail oglu Sadiq are the children of Ismail Rza oglu Sadigov, who held high positions in the Cabinet of Ministers for many years.

Elnur Ali