ADB wants to become a shareholder in Azerbaijani companies

ADB wants to become a shareholder in Azerbaijani companies
# 16 November 2022 12:01 (UTC +04:00)

"Entrepreneurs in Azerbaijan ask us more for loan products. But I feel obliged to say that we can also participate as shareholders in the equity capital," said ADB Senior Economics Officer Sanan Shabanov at the 3rd Finance and Investment Forum held in Baku, APA-Economics reports.

"As a shareholder in the equity capital, we have our own strategy. If those companies agree, we will have an exit strategy in 5-7 years, and it will be approved. When we see that the company is on the path of stable and sustainable development, then we will sell our share of the company," - Shabanov added.

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