The Baku Stock Exchange open market has exhibited 2.4% (623,880) of the ordinary registered shares of Unibank KB. The shares are exhibited for sale at face value - 2.72 manat.
The starting price of the transaction is 1,696,953 manat. The broker of the seller is UniCapital. The open sale is scheduled for December 26.
Last year, on the BSE secondary platform there were sold 12.7% (3,021,680 shares) of the shares of the bank. There are no other examples of the open exchange sale of shares from the time of launching BSE in Azerbaijan in 2001.
The authorized capital of Unibank KB is 70.5 million manat. The total placed is 20,796,000 common and 5,147,100 preferred shares. The bank is controlled by the Chairman of the Supervisory Board Eldar Garibov with 65.33% of the shares, including 52.38% of the voting shares. Shareholders of the bank are also EBRD (15.15%), German Investment Company with 8.33%, and other residents and nonresidents. --08B—
Economics
-
Azerbaijan’s COP29 Operating Company is advancing green energy initiatives with partners to power the Baku Olympic Stadium, host of the upcoming COP29 climate summit, and to promote sustainability across Azerbaijani regions.
-
Azerbaijan's car market has shown mixed trends in 2024, with a sharp drop in the volume of imported vehicles but a rise in overall import costs, according to data for the first nine months.
-
Azerbaijan’s real estate market, particularly in Baku, continues to see significant price growth in 2024, with apartment prices up by 9.2% in the first nine months of the year. The trend is largely driven by supply shortages, inflation, and rising demand from investors, according to market analysts.
-
The Small and Medium Business Development Agency of Azerbaijan (KOBİA) has focused its support efforts on the Baku economic region, approving 220 business plans from January to September 2024, underscoring its commitment to fostering business growth within the country.
Leave a review