Kapital Bank, the country’s first bank, has raised financing by
placing AZN 50 million worth of bonds on the Baku Stock Exchange
through a private placement with a foreign institutional investor.
This marks Kapital Bank’s first transaction to raise
financing from a foreign bank through bonds denominated in the
national currency.
The foreign bank’s investment in Kapital Bank’s bonds is
significant not only in terms of diversifying the bank’s funding
base, but also in strengthening its attractiveness to international
investors.
It is worth noting that Kapital Bank has been actively operating
in the local capital markets since 2024. During this period, the
Bank has successfully completed 11 bond issuances with a total
value of USD 170 million and AZN 260 million. Strong demand from
local investors for the Bank’s previous bond issuances has
contributed to strengthening its position in the domestic capital
market.
The new bond placement has enabled Kapital Bank to further
diversify the geographic reach of its investor base and provide
foreign financial institutions with an opportunity to invest in the
Bank through the local capital market. The participation of a
foreign investor is also significant in terms of demonstrating the
potential of Azerbaijan’s securities market and growing interest in
local financial institutions.
Kapital Bank, the
country's first bank, is part of PASHA Holding. Kapital Bank has
the largest service network in Azerbaijan with 116 branches, 51
divisions and 13 Digital Centers all over the country. For more
detailed information about the bank’s products and services, please
refer to https://kapitalbank.az
website, 196 Call Centre or the bank’s various social network
pages. Applications for a cash
loan and a Birbank
card can be submitted online.
