The Azerbaijan-Oman Joint Investment Fund will acquire a 25% stake in Azer-Turk Bank OJSC, Deputy Minister of Economy Samad Bashirli told APA-Economics.
According to Samad Bashirli, the matter is currently at the preliminary agreement stage.
It should be noted that the stake to be acquired by the Azerbaijan-Oman Joint Investment Fund in Azer-Turk Bank will not carry voting rights.
A document on the matter was signed as part of the Azerbaijan International Investment Forum (AIIF 2026) held in Baku.
The document was signed on behalf of Azerbaijan by Dayanat Sadullayev, Acting Executive Director of Azerbaijan Investment Holding, and on behalf of Oman by Saif Al-Mahruqi, General Manager for G2G Funds at the Oman Investment Authority.