BAKU, Azerbaijan, April 13. PASHA Bank plans to
offer investors an attractive dividend policy, targeting annual
payouts at a minimum level of 30-40%, said Murad Suleymanov, Member
of the Executive Board and Chief Financial Officer, Trend reports.
Speaking during a press conference dedicated to launch of the
bank’s share sale under its Initial Public Offering (IPO),
Suleymanov noted that while dividend payments ultimately depend on
shareholder decisions, the bank aims to maintain payouts at no less
than 30-40%.
“Over the past 2-3 years, we have delivered dividends at around
60%. Our commitment to shareholders is a minimum of 30-40%,” he
said.
Suleymanov added that the next round of dividend payments is
expected to take place from June through July 2026.
To note, PASHA Bank has launched a share subscription as part of
an Initial Public Offering (IPO), making shares available to the
public starting at 11:00 today. The subscription period will run
from April 13 to May 12, 2026. Shares representing 5% of the bank’s
capital, 932,926 ordinary registered shares, are being offered to
investors. The initial placement price has been set at 55 AZN, with
a minimum purchase of 1 share and no maximum limit applied. During
the subscription period, pre-paid amounts will accrue an annual
return of 5%. The shares will be placed through the Baku Stock
Exchange.
Investors can participate in the IPO via platforms and mobile
applications of PASHA Bank, Birbank Invest, as well as the main
underwriter, PASHA Capital, along with ABB Invest, Unicapital, and
Leobank.
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