BAKU, Azerbaijan, November 3. Bonds with a
total nominal value of 15 million manat ($8.8 million) issued by
Ziraat Bank Azerbaijan OJSC have been registered with the state,
according to the notice on the state registration of
securities.


The bank issued 150,000 bonds, each with a nominal value of 100
manat ($58.8), the notice indicates.


The securities were placed via a public offering and received
state registration on October 1, 2026.







The bank commenced its operations based on license No. 255,
issued by the Central Bank of Azerbaijan on December 30, 2014.


Ziraat Bank Azerbaijan was established as an OJSC with three
shareholders. Specifically, T.C. Ziraat Bankası OJSC holds shares
with 99.98% of the voting rights, Ziraat Teknoloji OJSC holds
shares with 0.01% of the voting rights, and Ziraat Yatırım Menkul
Değerler OJSC holds shares with 0.01% of the voting rights.