06/06/2013EMEA Finance magazine's Europe Banking Awards 2012 took place in Vienna, Austria on 5 June, 2013. PASHA Bank, one of Azerbaijan's leading banks, won two awards, "The Best Investment Bank of Azerbaijan" and "The Best Corporate Social Responsibility (CSR) Programme in Europe."
Mr. Taleh Kazimov, Member of the Board and Chief Investment Officer (CIO) noted: "The fact that the Bank has received this award for the second time highlights how highly PASHA Bank's investment activities have again been assessed by professional community. We have seen great success over the last couple of years, as demonstrated by our activity in the bond market, where we have issued corporate bonds across a variety of sectors for a total amount of approximately AZN 102.4 million. The Bank's securities portfolio currently exceeds AZN 335 million, which we hope will continue to grow over to coming years."
Sona Abbasova, PASHA Bank's Director of PR and Marketing, commented: "Despite the Bank's relatively short period of activity in the market, it has identified clear CSR aims and priorities as part of its Development Strategy for 2012-2014. It has already successfully completed numerous projects relating to culture, education and sport. By implementing its CSR programme, PASHA Bank is actively supporting local communities and continuing to contribute to Azerbaijan's further development. We are glad that our efforts have been recognised by the international investment community."