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Global investors snap up Azerbaijan's ABB bank shares (Updated)

Economy Materials 24 September 2024 12:36 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 24. Shares of the International Bank of Azerbaijan (ABB) have been acquired by a diverse group of international investors, Chairman of the Board of the International Bank of Azerbaijan Abbas Ibrahimov said during a briefing on the results of the share issuance, Trend reports.

"In the context of our first public offering, 48 international investors acquired ABB shares. Among them, 44 are new investors, while 4 already held shares. It is important to note that our focus during this initial public offering was on encouraging Azerbaijani citizens to acquire shares," he noted.

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