Azerbaijani bank talks IPO plans [UPDATE]
![Azerbaijani bank talks IPO plans [UPDATE]](https://www.azernews.az/media/2018/02/02/trend_faiq_huseynov_061117__(5).jpg)
By Trend
Holding an initial public offering (IPO) is a priority for Azerbaijan’s Unibank JSC, Chairman of the bank’s Management Board Faig Huseynov told reporters on February 2.
“Of course, we are thinking about an IPO. I will not say that this issue will be resolved in short term, but this is our strategic task. In order to conduct an IPO, the bank’s indicators must for some time remain at a stable high level for becoming attractive to investors,” said Huseynov.
The chairman added that IPO can be conducted both on the domestic and foreign markets.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!