PASHA Bank, leading corporate bank of Azerbaijan, has attained significant progress within its new development strategy and Bank’s performance has been highly praised by international institutions as well. This year PASHA Bank once again became the winner of “Bank of the Year” award in the Azerbaijan category due to its commendable financial activity. The award was presented to the Advisor of Chairman of PASHA Bank Turkhan Mahmudov.

The Banker magazine, which is part of the Financial Times Publishing Group, has been published since 1926 and is one of the leading international financial publications. While defining the winners of the award, the editorial board of the magazine takes into account not only the financial results, but also the successes of banks in implementing development strategies and application of new standards and technologies.