"Getting listed on a stock exchange is not only about raising funds – it also greatly promotes a company. I know there are companies that understand this," Namazov added.
He said the Baku Stock Exchange is actively working with a number of companies that are going to enter the debt instruments market and that there are those interested in issuing shares.
"I believe it is not long before this happens, as a stable legal and technical basis has been formed for holding an IPO in Azerbaijan," he noted.
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