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On July 12 grand opening of the new branch of PASHA Bank, leading corporate bank of Azerbaijan, was held in Guba. Branch is targeted at the provision of services for the representatives of the corporate sector, small and medium-sized enterprises and physical persons who are PASHA Bank salary card holders.
PASHA Bank, Azerbaijan’s largest privately owned banking institution by assets, is set to pioneer in exclusive cooperation with Turkish Airlines (THY), a leading international air carrier.
PASHA Bank, leading corporate bank of Azerbaijan, introduces a unique opportunity to become a customer and get details of an account opened online without visiting any branch of the Bank.
Every year leading corporate bank of Azerbaijan - PASHA Bank – has been rewarding with different prestigious awards in the frame of its innovative progress. It is third time, the Bank has been named “The Best Private Bank” by “Global Finance”. The award was established by Global Finance magazine.
PASHA Bank has presented a new version of SME section on its official website. In this version, Users could get information about terms and conditions of products and services developed for SME clients, ask a question or leave a request.
PASHA Bank, Azerbaijan’s leading corporate banking institution, attends the 40th SIBOS conference and exhibition hosted in Sydney, Australia. Being the premier annual event for banks, SIBOS reunites thousands of delegates representing the globe’s top financial institutions, business advisory and consultancy firms, banking and finance software and mobile application developers.
The leading corporate bank of the country - PASHA Bank – organized the international business seminar "Azerbaijan: Ready for International Investment?" in London.
PASHA Bank, the leading corporate bank of Azerbaijan, this year again participated in the annual International Investment Banking Forum of Central and Eastern Europe in Vienna, hosted by Euromoney.
On October 19, the largest international financial forum SIBOS 2017 will finalize its work in Toronto, Canada. As in past years, PASHA Bank is the only representative of not only Azerbaijan, but also the entire region as an exponent bank at the event.
Leading corporate bank of Azerbaijan - PASHA Bank - acted as general sponsor of the VII International Conference "Strategy of work with small and medium business (SMB)". “Business format” was the organizer of event held in Baku on 5-8 October.
Leading corporate bank of Azerbaijan - PASHA Bank - acted as main sponsor of the 5-th "Investors' Fair 2017". Main goal of the event held in Baku on 6 October by Azerbaijan Association of Micro-financing (AMFA) was attraction of foreign investors for the support of development of small and medium business in the regions of the country.
Leading corporate bank of the country-PASHA Bank has won “Best Bank in Azerbaijan” award from Euromoney financial magazine. The list of laurates was disclosed at traditional ceremony of granting of Award for excellence held in London. In 2017, along with PASHA Bank, Raiffeisen Bank, BNP Paribas, Commerzbank and other leading financial institutions have received awards in different categories.
PASHA Bank, leading corporate bank of Azerbaijan, has introduced Recycled ATMs for the clients. Both our citizens and foreigners visiting Azerbaijan will be able to benefit from cash-in transactions via their bank cards and to exchange foreign currencies into manat without approaching banks through ATMs that accommodate the functions of both cash dispenser and automatic currency exchange machine at any time of day.
PASHA Bank, one of the largest banks in Azerbaijan, introduces Internet banking service with further functionalities. Alongside with previously introduced features, improved internet banking service enables Bank's customers to save their precious time and benefit from more convenient and larger capacity banking services 24/7 from anywhere.
PASHA Bank, one of the largest banks in Azerbaijan, was a sponsor of SHE (Smart, Happy, Elegant) Congress, which was held in Baku on 28 March, 2017.
PASHA Bank, a leading corporate bank in Azerbaijan, attended the Annual Conference of the US-Azerbaijan Chamber of Commerce, held in Washington.
British Council and PASHA Bank successfully completed the local training sessions within the Business Journalism project 2017. The programme trained 11 journalists on the professional media and digital media skills.
We would like to inform you that, all PASHA Bank Mastercard cardholders have the opportunity to participate in ""Pay more with Mastercard® issued by PASA Bank and win a journey to Cannes Film Festival 2017"campaign until April 17, 2017.
The international rating agency Standard & Poor's has reaffirmed the long-term Issuing Bank Default Rating (IBDR) of PASHA Bank, Azerbaijan's leading corporate bank, at ВВ-.
During annual meeting of the Boards of Governors of the International Monetary Fund and the World Bank Group in Washington winners of the International Award "World's Best Banks" established by Global Finance magazine were announced. Alongside with such international finance institutions as Wells Fargo, Akbank, Raiffeisen Bank and other, PASHA Bank was named as the Best Bank in the country of their primary operational activity.
PASHA Bank, one of Azerbaijan’s largest banks, participated in Sibos for the seventh consecutive year. Sibos 2016 took place in Geneva on 26-29 September, 2016.
One of the largest banks of Azerbaijan - PASHA Bank - in cooperation with British Council announces the start of the next Business Journalism programme in Azerbaijan.This is a unique project aimed at strengthening professional competencies and skills of national media through a special training programme tailored to the needs of the selected journalists. The programme will be implemented in cooperation with the Thomson Foundation which is one of the Europe's biggest media organisations empowering thousands of journalists worldwide to generate and sustain a diverse media and working in over 100 countries towards encouraging the highest ethical and practical standards in media.
On 9 July, 2016, the American Chamber of Commerce in Azerbaijan (AmCham) held its annual traditional picnic in Baku, where representatives of local businesses and their families meet every year in an informal atmosphere. As in previous years, PASHA Bank, one of Azerbaijan's leading corporate banks, was one of the main sponsors of this event.
Moody's Annual Credit Risk Conference, which discussed key credit issues in Azerbaijan and the region, was held in Baku on 24 May, 2016. PASHA Bank's Chief Risk Officer Mansur Mammadov was one of the speakers at the conference. Representatives of the World Bank, state owned corporations and the banking and insurance sectors were among those who took part in the event.
PASHA Bank, one of the largest financial institutions in Azerbaijan, has been declared ‘The Best Bank in Azerbaijan’ for the second consecutive year at EMEA Finance’s Europe Banking Awards 2015. The awards ceremony took place in Vienna.
On May 6, PASHA Bank, one of Azerbaijan's largest banks, signed a joint memorandum of understanding on mutual cooperation with Baku City Circuit Operating Company (BCC). According to the agreement,, PASHA Bank will act as a banking service partner of Baku City Circuit Operating Company. The memorandum aims to build a strong partnership and to hold various joint campaigns.
PASHA Bank, one of Azerbaijan's leading banks, sponsored the ‘Energy, Renewables & Sustainability' conference organised by AmCham Azerbaijan in cooperation with the U.S. Embassy in Azerbaijan, ADA University, the State Agency on Alternative and Renewable Energy Sources and other goverment and bunisess organisations. The conference was held on 22 April, 2016 in Baku.
PASHA Bank, one of Azerbaijan's largest banks, announces that Azerbaijani journalists participating in its 2016 business journalism programme have completed a one-week educational trip to the UK. This visit marks the final stage of the programme, which was also supported by the British Council and Thomson Foundation.
PASHA Bank announces the appointment of Javid Gouliyev as Deputy Chairman of the Executive Board of PASHA Bank effective from 22 February 2016. Starting from 2015, Mr. Gouliyev served as Business Development Advisor to the Chairman of the Board.
PASHA Bank, one of Azerbaijan's largest banks, is pleased to confirm that Standard & Poor's reaffirmed PASHA Bank's ‘ВВ-‘/'B' long-term and short-term Issuing Bank Default Rating (IBDR). The rating was reaffirmed in a report published on 17 February 2016.
On the 12th of February 2016, the Ministry of Youth and Sports and the Azerbaijan Youth Achievements NGO with support of PASHA Bank, one of the country's largest banks, held a "Future Business Conference" to mark the final stage of the Sustainable Enterprises Development Programme aimed at the development of regional youth entrepreneurship.
PASHA Bank, one of Azerbaijan's largest banks, has sponsored a business forum for young entrepreneurs in Lankaran and Khachmaz. The forum saw representatives of PASHA Bank come together to speak to young entrepreneurs about how small businesses are established and financed.
We would like to inform you that due to changes at the currency market PASHA Bank has revised the tariffs for conversion transactions via payment cards.
PASHA Bank, one of Azerbaijan's largest banks, announces the completion of a review of exchange rate reimbursement claims made by clients undertaking card transactions following the exchange-rate adjustment on 21 December 2015. The PASHA Bank Supervisory Board has determined that the difference in account balances debited after the devaluation of the manat will be reimbursed by the Bank.
We would like to inform you that after the currency rate change on 21.12.2015 a number of customers has approached our Bank with complains about write offs (clearing) in higher amounts from their accounts as a result of card transactions.
The Turkish Banking Regulation and Supervision Agency ("BRSA") has granted permission to PASHA Bank OJSC, a leading private Azerbaijani investment and corporate financial institution, to acquire the remaining 20% of PASHA Yatırım Bank A.Ş. shares from Aksoy Holding of Turkey. After this transaction PASHA Bank OJSC becomes the owner 99.9196 percent of PASHA Yatırım Bank A.Ş. in Turkey.
PASHA Bank, one of Azerbaijan's leading banks, acted as a primary sponsor of the "Stimulation of development of non-oil export in Azerbaijan" International Conference, organised by the American Chamber of Commerce (AmCham). The conference took place on December 15, 2015, in Baku.
PASHA Bank, one of Azerbaijan's leading banks, acted as a primary sponsor of the Annual Azerbaijan Business Case Competition, organised by the US-Educated Azerbaijani Alumni Association. The results of the competition were announced on 6 December 2015.
One of the largest banks of Azerbaijan - PASHA Bank - in cooperation with British Council announces the start of the next Business Journalism programme in Azerbaijan. The project is focused on the promotion of professional abilities and skills of local mass media covering the economics-related issues.
PASHA Bank, one of Azerbaijan's largest banks, took part in business meetings held as part of the US Trade Mission visit to Baku, which took place on 18-20 November.
On 16-17 November, Baku HR Experience, the international HR event organised by The P World, took place in Baku. PASHA Bank sponsored the event as Employer of Choice for the third consecutive year.
PASHA Bank, one of Azerbaijan's largest banks, has received the Participant of the Year and Leading Company Promoting Gender Equality awards from the Azerbaijan Micro-finance Association (AMFA).
PASHA Bank, one of Azerbaijan's largest banks, sponsored the 7th International Children's Mugham Festival, which was held in Baku on October 22, 2015. The annual event was organised by the Kainat Youth Centre, the Ministry of Youth and Sports and the Ministry of Culture and Tourism.
PASHA Bank, one of Azerbaijan's largest banks, has started to use SWIFT's Alliance Lifeline Premium service.
PASHA Bank, one of Azerbaijan's largest banks, has selected Oracle FLEXCUBE as its new banking platform in order to consolidate the Bank's business processes across Azerbaijan, Turkey and Georgia.
PASHA Bank, Azerbaijan's leading corporate bank, has become Azerbaijan's first member of Factors Chain International (FCI), the world's leading international factoring network uniting over 270 companies across the globe. Membership of FCI allows PASHA Bank, which is a key player on Azerbaijan's factoring market, to access the international factoring market.
October 12, 2015 - Sibos 2015, the world's premier financial event, got underway in Singapore today and, as in previous years, PASHA Bank is the only representative from the region to exhibit at the event.
PASHA Bank, one of Azerbaijan's largest banks, has signed a Memorandum on Cooperation with Barama, a business incubation centre supported by Azercell, Azerbaijan's leading mobile operator. The overall objective of this partnership is to implement joint projects that focus on developing innovation-oriented entrepreneurship in Azerbaijan and expanding the non-oil sector of the economy, particularly the ICT industry.
The international ratings agency Fitch Ratings ("Fitch") has upgraded the long-term foreign currency Issuer Default Rating (IDR) of PASHA Bank, one of Azerbaijan's largest banks, to ‘BB-' from ‘B+'. Fitch also affirmed PASHA Bank's short-term IDR at ‘B' with a stable outlook.
PASHA Bank, one of Azerbaijan's largest banks, has held an Open Day for students of the ‘School of Young Entrepreneurs' summer school with the support of the ‘Business-Dialogue' business club.
On August 22, 2015, Embawood LLC fully fulfilled its financial obligation on its AZN 10 million bond issue. The bonds were issued on the Baku Stock Exchange in August 2014 by PASHA Bank, one of Azerbaijan's largest banks, for a one-year term.
The British Council and PASHA Bank is pleased to announce the continuation of the training programme for journalists covering business topics in media. This is a unique project aimed at strengthening professional competencies and skills of the national media through a special training programme tailored to the needs of the selected journalists.
PASHA Bank, one of Azerbaijan's largest banks, supported a contest for students of the Azerbaijan State University of Economics, which was held on 15 July, 2015. The event was organised in conjunction with the State Committee for Securities of Azerbaijan Republic (SCS).
PASHA Bank's Shuvelan Business Centre, located at 68 A. Ildirim Street in Baku, has reopened following renovation. The Bank's directors and employees attended the opening ceremony.
PASHA Bank was the main sponsor of the American Chamber of Commerce's (AmCham) 20th Annual Independence Day picnic, held on 11 July, 2015 in Baku. The event provided an opportunity for local business representatives to engage with one another in an informal setting and was attended by over 1000 people.
The presentation of the collected articles "Securities Market and business opportunities" organized by the State Securities Committee of the AR (SSC) and financial support of OJSC Pasha Bank was held on 14 September 2011 at 10:30 a.m. in the Fizuli Hall of Park Inn hotel .
PASHA Bank, whose social responsibility mandate extends to supporting culture, art and sports projects in Azerbaijan and for Azerbaijan, is one of the official partners of Baku Jazz Festival which starts in Baku on 16 October.
On August 11, 2009 “PASHA Bank” OJSC connected its new facility, the cash exchange machine, to the system and commissioned it. This cash exchange machine, which is the only one in the local market at present, is located at PASHA Bank’s e-Terminal in Shuvalan-Park” business center.
“PASHA Bank”, which offers services both in corporate and private banking, strengthens its position in the local financial service market and is among the five biggest banks in the country. One of the primary objectives of the bank is offer its services by demonstrating an individual approach each customer