On January 8, 2025, Kapital Bank launched the subscription process for its subordinated bonds, valued at $25 million USD. These bonds were available for purchase through Kapital Bank’s branches starting January 10, 2025, for a period of 12 days. The subscription and placement of the bonds, carried out via the Baku Stock Exchange, successfully concluded on January 24, 2025.
The placement attracted the participation of 120 investors, with the total orders reaching $25 million USD. Each bond carries a nominal value of $100 USD and offers an annual interest rate of 7%. Interest payments are made monthly, every 30 days, and the bonds have a maturity period of seven years. The placement was underwritten by PASHA Capital Investment Company.
By purchasing Kapital Bank’s dollar bonds, investors secure an annual return of 7%, providing a reliable and stable income stream. This exclusive financial opportunity also offers the advantage of tax-free interest payments. Moreover, all subscription-related fees are fully covered by Kapital Bank, further enhancing the appeal for investors.
For more information: https://kbl.az/ib
It is important to note that in 2024, Kapital Bank achieved remarkable success in the bond market, issuing seven bond placements totaling $145 million USD and 100 million AZN. A significant milestone was reached last year, as the bank introduced bond subscription services directly through its branch network for the first time. Overall, more than 450 investors participated in these subscriptions, with retail investors showing notable enthusiasm. Additionally, Kapital Bank’s bonds were actively traded on the secondary market, with trading volumes exceeding 52 million AZN among investors.
Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 118 branches and 53 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank installment card visit https://kbl.az/prcrc.
