On June 1, 2022, a “opening call” was held on the occasion of the issue of ABV bonds in national currency. Bonds issued in the amount of 20 million manat for a period of 2 years and at the rate of the coupon of 6% per annum were completely placed due to the demand from 9 investors. Representatives of the Central Bank of Azerbaijan and the Baku stock exchange took part at this opening ceremony.
Deputy Chairman of the Board, Chief Financial Administrator Nabi Aliyev said that the release of bonds in Azerbaijani manat is a historical day in the activities of the AVV. He noted that ABV as a system-forming universal bank has been actively involved in the formation of many progressive traditions for 30 years, both in the sector and in the business environment of the country as a whole. The issue of bonds in manat is one of them: “The issuance of bonds will serve as diversification of obligations of the ABV, sources of financing from the point of view of tools and terms. At the same time, it is a step towards the development of capital markets in our country. We believe that this step will contribute to the development the financial sector, the market of corporate securities and financial instruments. He will also play a special role in the formation of new investment opportunities for citizens and investors. ” According to him, given the market trends and customer requirements, it is possible that ABV will increase the number of issues in the near future.
The representative of the Central Bank of Azerbaijan Samir Ismailov spoke about the work done in recent years to develop the securities market in our country. He said that such measures for emissions indicate an increase in activity in the market.
Eldar Abdullaev, the acting chairman of the Baku stock exchange, also drew attention to growth in the securities market. He noted that the production of ABV bonds in manat will have a positive impact on the market. At the end of the ceremony, a call sounded, symbolizing the beginning of the issue of bonds.
Information about modern, useful, universal products and services of ABV can be obtained in branches and branches of the bank, on the official website https://abb-bank.az/, calling the short number 937, as well as on The official page of the bank on the social network Facebook.