PASHA Bank has held another meeting with investors and market
participants as part of its Initial Public Offering (IPO).
The meeting was attended by PASHA Bank Executive Board Deputy
Chairman Bahruz Naghiyev, PASHA Bank Chief Financial Officer Murad
Suleymanov, EY Azerbaijan Managing Partner Ilgar Valiyev, National
Depository Center Executive Board Chairman Elchin Alizade, Baku
Stock Exchange Executive Board Chairman Ruslan Khalilov and PASHA
Capital Chief Operating Officer Elnur Fatullayev.
During the event held on 23 April, 2026, Naghiyev noted that the
IPO creates new opportunities for investors and enhances market
transparency.
“Entering the public market strengthens our corporate governance
standards and marks a new stage in our relationships with
investors. We are focused on creating long-term value and ensuring
sustainable growth for all stakeholders,” he said.
The panel discussion covered the impact of the IPO on capital
markets, the readiness of market infrastructure, and opportunities
for investors. It also addressed the progress of the subscription
process, the readiness of digital channels, the engagement of
foreign investors, the development of clearing and settlement
systems, and the future market outlook.
PASHA Bank launched its IPO subscription on 13 April 2026, which
will run until 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 is set at 55 AZN per share.
The minimum purchase is one share, with no maximum limit. A 5%
annual return is applied to prepaid amounts during the subscription
period. The shares are being offered through the Baku Stock
Exchange.
