Accessbank issued bonds for AZN 10 million

State Committee for Securities registered the issue prospectus of interest unsecured book-entry registered bonds of Accessbank, totaling 10 million manat.

According to the prospectus, placement will be conducted by public subscription at the Baku Stock Exchange (BSE).

According to the BSE, the nominal value of one bond is 1,000 AZN, the term is 1 year, and the annual interest rate is 9%. The underwriter of the securities is LLC Pasha Capital.

Accessbank has been operating on the banking market since 2002. Its shareholders are six international financial institutions. - 15D -

 

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