Kapital Bank to issue bonds in manats this year

11:19 - 17.05.2024

May 17, Fineko/abc.az. Kapital Bank is planning to issue bonds in manats this year.

ABC.AZ informs that Kapital Bank’s CEO and chairman of board Farid Huseynov made this statement at a press conference devoted to 2023 and the new strategic period.

The bank’s CEO added that the bond in manats will cost 10%, and the initial amount will be adjusted in accordance with market requirements. Thus, 100 million manats were initially planned.

The bank will make a public statement about this in the coming days.