Azerbaijani companies may soon enter the prestigious London
Stock Exchange (LSE), as discussions are underway to explore dual
listings and foreign capital access for firms based in Azerbaijan,
Azernews reports, citing the Baku Stock Exchange
(BSE).
BSE noted that delegation from the exchange visited London as
part of the 7th session of the Intergovernmental Commission on
Economic Cooperation between Azerbaijan and the United Kingdom.
During the working visit, BSE representatives, alongside
officials from the Central Bank of Azerbaijan and the British
Embassy in Azerbaijan, held a meeting at the London Stock Exchange.
The focus of the talks was to examine the potential for Azerbaijani
companies to gain listings on the LSE, thereby opening doors to
international investors and capital markets.
The parties also discussed incorporating Azerbaijani financial
data and analytics into LSE platforms to enhance global investor
awareness of Azerbaijan’s capital markets.
The BSE emphasized that increased cooperation between the two
nations’ financial markets would further strengthen their already
robust economic ties. Moreover, such initiatives are expected to
accelerate the development of Azerbaijan’s local capital markets
and improve global visibility for its leading corporations.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
Subscribe
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!