Materials with tag «azerbaijan»
24 September 2026, 18:00 Economy
$140 million for Davr Bank: Why ABB acquired a controlling stake and what it means for the market?
Spot spoke with experts about how the deal can be valued, why ABB sought control of the Uzbek bank, and what changes the arrival of a foreign investor could bring to Uzbekistan’s banking market.
10 September 2026, 15:31 Business
International Bank of Azerbaijan buys 51% of Davr Bank for $140 million
ABB acquired a total of 51 million ordinary shares at a single price of 32,281.28 soums per share.
