16:24 - 12.05.2026

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May 12, Fineko/abc.az. As part of the Initial Public Offering (IPO), PASHA Bank OJSC has extended its subscription until June 12 (for 1 month).

ABC.AZ reports, referring to the Bank, that the decision was made taking into account the appeals of investors, clients and partners in order to expand the number of shareholders of PASHA Bank.

Murad Suleymanov, a member of PASHA Bank's Board Member and Chief Financial Officer, noted that the high interest of investors in the IPO was a key factor in extending the subscription period.

He added that the bank's goal is not only to successfully conduct an IPO, but also to expand investor participation in development of country's capital market, as well as to attract as many participants as possible to the process. He stressed that this IPO is an important stage not only for the bank, but also for the entire Azerbaijani capital market, reflecting growth of investor confidence and formation of a long-term investment culture.

"From the very first day, PASHA Bank's goal was not only to carry out a successful IPO, but also to promote broader investor participation in this process in the name of developing our country's capital markets and allowing as many people as possible to become part of the IPO process. This IPO is an important milestone not only for PASHA Bank, but also for the capital markets of Azerbaijan as a whole. The fact that for the first time in our country, shares of a private organization on such a scale were presented to a wide range of investors indicates the formation of trust in the market, investor culture and a long-term investment approach," he said.

According to PASHA Bank’s representative, during the subscription period that began on April 13, about 12,000 applications have been received as of the current date, and investor interest is growing every day: "In recent days, requests have been received from the investment companies with which we cooperate and our bank to extend the subscription. In particular, I would like to point out that all available benefits remain valid for investors who have already participated in the subscription. Investors retain the right to receive dividends in both 2025 and 2026. At the same time, the mechanism of 5% annual return ("overnight") accrued on all funds placed during the subscription renewal period will be continued. We believe this decision will allow more investors to take advantage of the opportunity to become shareholders in one of the country's leading financial institutions. At the same time, I want to emphasize that this extension is the last opportunity. June 12 is the last day for accepting IPO applications. We’d like to thank all our investors once again for their interest and trust and invite everyone to become a part of this historic stage," he emphasized.