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.