Baku Stock Exchange initiates Kapital Bank bond trading with one-year term, 10% annual interest.
Baku Stock Exchange hosts opening ceremony for Kapital Bank bond trading; bonds have a one-year term, 10% annual interest, $59 nominal value, and are managed by PASHA Capital. The bank's assets totaled $5B, with a net profit of $143M in 2023. Baku Stock Exchange officials called the move a significant boost to Azerbaijan's financial market, broadening investment opportunities and contributing to market growth.
June 10, 2024
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