PASHA_BANK ANNUAL REPORT 2021

39 Annual Report 2021 PASHA Bank Regional Banking: PASHA Bank continued and increased its synergy with the Group bank and subsidiaries in 2021 in accordance with its goal of being “The first bank that comes to mind in the region” for companies operating or planning to operate within “Turkey-Azerbaijan-Georgia” triangle. With the regional collaboration opportunities it has and the support of innovative perspective and approach, the Bank achieved to increase its share in trade and trade financing in that region rapidly. Supplier Financing: With supplier financing services, PASHA Bank provides opportunity for various product and service suppliers by creating an alternative finance source they can rapidly reach for their cash flow needs. Trade Receivable Financing: In 2021, PASHA Bank continued to provide fast financing solutions for its customers by cashing out their receivables from commercial transactions before their due dates. Forfaiting: PASHA Bank continued to provide financing to meet liquidity needs of exporter companies in 2021, by transferring the receivables, not yet due, from export transactions to the Bank without recourse. Strong Support for the Real Sector