On 22 October, PASHA Bank, one of Azerbaijan’s largest banks, held a business forum in Sheki called ‘Financing and prospects for agricultural development’. Representatives from approximately 50 small and medium-sized enterprises (SMEs) from Sheki, Zagatala, Gabala, Oguz and other neighbouring regions attended the event. Speakers included specialists from the Ministry of Agriculture, PASHA Holding, PASHA Bank and etc.

The SMEs that attended the forum heard expert views on a range of issues, including the current status of the agricultural industry in Azerbaijan, its role in the wider economy, and growth prospects for the industry. Delegates also learnt more about sources of alternative financing and private investment opportunities through case studies.

Taleh Kazimov, Chief Investment Officer and member of the Board at PASHA Bank, commented: “Our main objective in organising this event was to educate SMEs operating within the agriculture industry about the range of financing options available to them, and we are delighted that it was so well attended. We believe that the agricultural industry in Azerbaijan has tremendous growth potential, and PASHA Bank is best placed to help agricultural SMEs to grow their businesses. This in turn contributes to the development of Azerbaijan’s non-oil industries, which remains a key focus of PASHA Bank.”