PASHA Bank has launched the subscription for its shares as part
of the Initial Public Offering (IPO). The shares are now available
to the public.


Bank representatives officially announced this at a press event
held in Baku on 13 April, 2026.


The subscription period will run from 13 April to 12 May, 2026.
A total of 932,926 ordinary registered shares, representing 5% of
the Bank’s capital, are being offered to investors. The initial
offering price has been set at 55 AZN per share, with a minimum
purchase of one share and no maximum limit. During the subscription
period, pre-paid amounts will accrue an annual return of 5%. The
shares will be listed through the Baku Stock Exchange.


Investors can participate in the IPO through the platforms and
mobile applications of PASHA Bank, Birbank Invest, the lead
underwriter PASHA Capital, ABB Invest, Unicapital and Leobank.
Participation is also available physically at PASHA Bank, Kapital
Bank, and Unibank branches, as well as at the PASHA Capital
office.



Opening the event, PASHA Bank Executive Board member and Chief
Financial Officer Murad Suleymanov pointed out that the IPO marks a
milestone in the Bank’s strategic development.


"As a financial institution committed to transparency,
sustainability, and long-term value creation, we consider this step
strategically important. Through this decision, we aim to share
with a broader investor base the value we have built over the years
together with our customers and partners. We also see this as a
tangible contribution to the development of capital markets in the
country. Expanding access to investment opportunities is important
for us," Suleymanov noted.







Following this, Baku Stock Exchange Executive Board Chairman
Ruslan Khalilov, PASHA Capital Executive Board Chairman Jeyhun
Hajiyev, Unicapital General Director Vugar Namazov and ABB Invest
CEO Nadir Babazade shared their views on the role of this
initiative in the development of the country’s capital markets.


To recap, the placement will be carried out in accordance with
the sequence specified in the
prospectus.


For more information, please visit ipo.pashabank.az.


PASHA Bank has identified among its key priorities the
development of the non-oil sector, the real sector financing and
economic diversification. In addition to Azerbaijan, the Bank
operates in Georgia and Türkiye.