Get ABB stocks via

the Bank's branches

investment companies

ABB mobile app

Ordinary shares issued by the Open Joint Stock Company "International Bank of Azerbaijan" (hereinafter referred to as ABB or the Bank). A person who acquires these shares becomes a shareholder of ABB and, as a shareholder, gains the right to receive dividends from the Bank's annual net profit, participate in General Meetings of Shareholders, and vote on important matters on the agenda at those meetings.

A dividend is the money paid by a joint-stock company to its shareholders from its net profit. The amount of the dividend depends on the net profit of the joint-stock company and the decision of the shareholders to distribute dividends. The more net profit a joint-stock company earns, the more it can pay dividends to its shareholders. The shareholders of a joint-stock company can decide to pay out a portion (e.g., 10%, 20%, 50%, or another portion) or all of the net profit earned during the year as dividends. These decisions are made by a majority vote of the shareholders participating in the General Meeting of Shareholders.

ABB has resumed paying dividends to its shareholders since 2019. The bank paid 125 million manat in dividends in 2022, 156.6 million manat in 2023. In 2024, the bank paid 185 million manats in dividends. The dividend per share amounted to 2.8 qapik in 2022, 3.4 qapik in 2023, and 4.1 qapik in 2024.

For individuals, no. Until February 1, 2028, dividends paid on shares of joint-stock companies listed on the stock exchange, including ABB, are not taxed for individuals.

Any individual or legal entity can acquire ABB shares.

The minimum purchase price (nominal value) for one share is 27 qapik. During the subscription period, investors can submit their orders at 27 qapik or a higher price. The higher the price in the order, the greater the likelihood of the order being fulfilled. If the volume of orders collected during the subscription period exceeds the number of additional shares issued, which is 322,000,000 shares, then orders submitted at higher prices will be fulfilled first.

A subscription is the process of submitting orders to acquire additional issued shares of ABB. The subscription period started on June 11, 2024, and will continue until September 10. After the subscription period ends, the placement of orders collected during the subscription period will begin.

The minimum purchase price for one share is 27 qapik. During the subscription period, investors can submit their orders at 27 qapik or a higher price. The higher the price in the order, the greater the likelihood of the order being fulfilled. If the volume of orders collected during the subscription period exceeds the number of additional shares issued, which is 322,000,000 shares, then orders submitted at higher prices will be fulfilled first.

Yes. After the placement period ends, the acquired shares can be sold by placing an order on paper with "ABB-Invest" Investment Company OJSC or other investment companies. In the near future, it will also be possible to sell shares electronically through ABB mobile.

No. Orders placed during the subscription period cannot be canceled until the subscription period ends.

No. However, additional orders can be placed.

Yes. An investor can order a minimum of 100 and a maximum of 400,000 ABB shares. This limit does not apply to orders with preferential rights. However, the specified limit applies to orders placed in addition to those with preferential rights.

Shareholders who have received a notification about the opportunity to use their preferential rights by registered mail and have submitted their request to ABB within ten business days from the date of receiving the notification.

They can acquire them at any price not lower than 27 qapik per share. Orders placed with preferential rights will be fully fulfilled regardless of the order price.

The number of shares that can be acquired with preferential rights is calculated proportionally to the shareholder’s stake in the Bank’s charter capital.

Example:

Məmməd Vaqif Əhmədov owns 650,000 ABB shares. The total number of shares in circulation is 4,539,436,367. Therefore, Məmməd Vaqif Əhmədov owns 0.0143% of the Bank’s shares in circulation (650,000 / 4,539,436,367 = 0.0143%) and, consequently, his stake in the Bank’s charter capital is 0.0143%. The number of new ABB shares issued is 322,000,000. Thus, Məmməd Vaqif Əhmədov can acquire 46,046 (0.0143% * 322,000,000 = 46,046) shares with preferential rights. If Məmməd Vaqif Əhmədov places an order for 60,000 ABB shares during the subscription period, he will acquire 46,046 shares at the price specified in the non-competitive and unconditional order. The remaining 13,954 shares will be compared with the orders of other investors and will be fulfilled only if there is a price advantage.

Yes. An investor can place orders with any number of different quantities and prices. However, the investor can order a minimum of 100 and a maximum of 400,000 shares (excluding orders placed with preferential rights).

According to the legislation, the maximum period for placement is 7 business days. Within 2 business days after the subscription period ends, an announcement regarding the placement date will be made.

If the order is not executed, the amount paid for the order will be refunded to the investor's account opened at ABB.

After the subscription period ends, all orders collected during the subscription period will be executed in the following sequence:

1. Orders placed by shareholders with preferential rights for the shares they are entitled to under their preferential rights will be executed first.

2. All remaining orders, including those placed by shareholders with preferential rights for shares beyond their preferential rights, will be ranked by price, with orders placed at higher prices being executed first.

3. If the volume of collected orders exceeds the number of shares offered (322,000,000 shares), orders placed at the same price will be executed proportionally to the number of shares requested in the order.