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.