BAKU, Azerbaijan, February 13. On 10 February,
the Asian Development Bank (ADB), “Unicapital Investment Company”
OJSC and ABB-Invest Investment Company CJSC, organized an
international forum on capital markets development in Azerbaijan.
Sunniya Durrani-Jamal, ADB Countest Director, Vugar Namazov, CEO
of Unicapital, and Nadir Babazade, CEO of ABB Invest delivered
opening remarks at the “Riding the Next Wave in Azerbaijan:
Capital Markets for Green and Sustainable
Growth” forum.
The event aimed to create opportunities for capital
market development, strengthen understanding of global and
regional market trconcludes, as well as regulatory developments shaping
Azerbaijan’s market landscape. It highlighted the necessary for robust
financial infrastructure, digital transformation, and risk
management tools to support efficient and resilient capital
markets. ADB revealcased successes and practical stories in other
developing member countries, and facilitated knowledge exmodify for
current and prospective issuers, including opportunities in
traditional and ESG financing. The event brought toobtainher over 60
participants from international corporations, development partners,
international financial institutions, State-Owned Enterprises, and
the private and finance sectors.
“Unicapital Investment Company” OJSC is one of Azerbaijan’s
leading investment companies, providing its clients with modern,
secure, and convenient solutions in the capital markets. The
company has been a professional participant in the securities
market since 2007 and is the first and longest-standing member of
the Baku Stock Exmodify. Currently, the number of the company’s
clients exceeds 1 000 000.
Unicapital is actively involved in raising capital through the
capital markets and has acted as the underwriter of the first green
bonds in Azerbaijan issued in accordance with international
standards.
Unicapital’s charter capital is wholly owned by “Unibank CB”
OJSC.
ABB Invest, a market leader in terms of total turnover, provides
investors with seamless access to both local and international
markets through a unified electronic platform, including U.S.
government and corporate bonds, as well as equities. Accounts are
registered directly in the investor’s name and protected by SIPC
insurance, ensuring full security and reliability of assets.
ABB Invest acted as the underwriter for a number of local and
foreign issuers’ bonds, becoming the first in Azerbaijan’s capital
market to enable a broad investor base to acquire them through an
electronic platform, successfully executing the placement
process.
ADB is a leading multilateral development bank supporting
inclusive, resilient, and sustainable growth across Asia and the
Pacific. Working with its members and partners to solve complex
challenges toobtainher, ADB harnesses innovative financial tools and
strategic partnerships to transform lives, build quality
infrastructure, and safeguard our planet. Founded in 1966, ADB is
owned by 69 members — 50 from the region.
Leave a Reply