PASHA Bank has announced its financial and business results for the first half of 2026 at a press conference. This was the Bank’s first press conference following the successful completion of its IPO (Initial Public Offering) – the first one in Azerbaijan’s private banking sector.

The event, held on 18 September 2026, featured speeches by PASHA Bank Deputy CEO Bahruz Naghiyev, Executive Board member and Chief Financial Officer Murad Suleymanov, and Marketing Department Director Gunel Mavliyarova.

The press conference covered the Bank’s financial and business results for the first half of 2026, its customer-centric approach, strategic development priorities, corporate social responsibility initiatives, and talent management activities.

It was noted that PASHA Bank recorded growth across key financial indicators in the first half of 2026. Compared with the end of the previous year, the Bank’s total assets increased by 1.4% to AZN 9.98 billion, while its loan portfolio grew by 5.0% to AZN 4.08 billion. The deposit portfolio decreased by 2.0% to AZN 7.75 billion. Capital increased by 4.7% to AZN 1.01 billion. As against the same period of 2025, interest income increased by 10.2% to AZN 301.8 million, operating income grew by 1.6% to AZN 225 million, while net income increased by 0.6% to AZN 96.5 million.

The Bank’s green loan portfolio amounted to AZN 36.8 million, with 64.1% directed towards green transportation projects.

One of the key developments during the reporting period was the successful completion of PASHA Bank’s IPO. The IPO, the first of its kind in Azerbaijan’s private banking sector, recorded a subscription rate of 129%. The total subscription amount reached AZN 66.3 million, while the placement amount was AZN 51.3 million. A total of 17,960 unique investors participated in the IPO.

To view the financial results, please visit the Financial Reports section of the Bank’s official website. Unless otherwise stated, the results are based on consolidated financial statements reviewed by external auditors.