BAKU, Azerbaijan, April 13. 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, said Murad Suleymanov, Member of the Executive Board and
Chief Financial Officer of the bank, Trend reports.
Speaking at a press conference dedicated to the launch of the
share sale, Suleymanov noted that 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,” he
said.
Suleymanov added that 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.
“Physically, the process is also available at PASHA Bank,
Kapital Bank, and Unibank branches, as well as at the PASHA Capital
office.
We consider this step strategically important as a financial
institution that creates transparent, sustainable, and long-term
value for investors. Through this decision, we aim to share the
value we have built over the years together with our clients and
partners with a broader audience. At the same time, we see this
move as a tangible contribution to the development of capital
markets in the country. Expanding access to investment
opportunities for more people is a key priority for us,” he
emphasized.
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