An auction will be held on the placement of bonds of AccessBank CJSC at the Baku Stock Exchange

15:17 - 21.06.2024


On June 20, 2024, by the decision of the Listing Committee of the Baku Stock Exchange (BSE), the bonds of AccessBank CJSC with an issue volume of 5,000,000 (five million) AZN were listed in the standard market segment.

Placement of the mentioned bonds will be carried out at the Baku Stock Exchange by means of a competitive auction.

You can get the bond issue prospectus on the BFB website from the section "Profile of issuers" (https://www.bfb.az/az/emitentler).

Information on bonds is as follows:

Name of the issuer

AccessBank CJSC

State registration number - ISIN

AZ2005004281

Type and form of bonds

Bond interest bearing, unsecured title

Trading method/form

Public placement/Competitive

Number of bonds

5000 (pcs)

Initial trade price

1,000 AZN

Release volume

5,000,000 AZN

Coupon Rate

10%

Payment Period

Every 3 (three) calendar months, taking the number of days in a year as 360 (three hundred and sixty) and the number of days in a month as 30 (thirty) days

Period

18 months

Release date for trading

28.06.2024

Underwriter

ABB-Invest I.C CJSC

 

AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's shareholders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar

For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.

*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.