(MENAFN- trend news agency) baku, azerbaijan, june 23. finca
azerbaijan expects a further increase in the volume of bond
placements in 2023 and 2024, ceo finca azerbaijan tim tarrant said
during the press conference, trend reports.
"over the past two years, finca azerbaijan has carried
out four new successful bond placements and raised 12 million manat
($7 million) on the baku stock exchange. the bonds have not only
helped finca finance low-income entrepreneurs, but also enabled
local investors to put their money in an organization that is quite
profitable, reliable and growing," he said.
“in addition to financial resources, we also have our
staff. i want to note the firm adherence we have demonstrated to
the commitment to be a diverse employer. this diversity makes us
stronger," he said.
tarrant noted that the success of the bond placement
confirms investors' confidence in finca azerbaijan and their
confidence in the financial stability of the company.
"this additional capital allows finca to expand its
operations and continue to support local entrepreneurs who need
affordable financial solutions," he said.
he pointed out that finca azerbaijan will continue to
offer innovative financial products and services to meet the needs
of its customers and investors in the long term.
thus, finca azerbaijan is aimed at further growth and
development, confidently counting on the support of investors and
continuing to play an important role in the financial development
of azerbaijan.
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