PASHA Bank, one of Azerbaijan's leading banks, announces that on July 30, the Azerbaijan Republic's Ministry of Taxes registered an additional AZN 50 million to the Bank's authorized capital, which is an increase of almost 30%. A rise in the par value of the Bank's stock led to the increase in capital, which was previously AZN 178 million.

As a result, the Bank's authorized capital now amounts to AZN 228 million, which makes PASHA Bank the most capitalized private bank in Azerbaijan.