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NameBaku Stock Exchange
CountryAzerbaijan
Number of listed companies28
Domestic market capitalization1,557 million US$
SSE Partner ExchangeYes
Has annual sustainability reportNo
ESG reporting required as a listing ruleNo
Has written guidance on ESG reportingNo
Offers ESG related trainingYes

In 2022, the Baku Stock Exchange provided training on Climate-related Financial Disclosures (TCFD recommendations) in collaboration with the SSE, CDP and IFC. (source)

Market covered by sustainability-related indexNo
Has sustainability bond listing segmentNo
Has SME listing platformNo
Women on boards mandatory minimum ruleNo
Additional information
Organizational model of stock exchange

Unlisted and For Profit

Regulatory bodies

Central Bank of the Republic of Azerbaijan

Regulatory model

Limited exchange SRO

About the stock exchange

Founded in 1997 as a closed stock company, Baku Stock Exchange (BSE) was aimed to establish and develop the market infrastructure that would provide the trading securities and efficient execution of trading transactions. BSE has 20 shareholders and its headquarter is situated in Baku. The first trading operation at the stock exchange was carried out on September 1, 2000, and today BSE organizes trading of the stocks, bonds and repo transactions. Now 18 companies are listed in two listing segments premium and standard that total market capitalization is about 1.44 bln USD.