PASHA BANK ANNUAL REPOT 2024

In 2024, PASHA Bank continued to stand by the side of its customers, addressing their financial needs by ensuring and maintaining a sustainable financial structure through healthy credit processes, effective management of the credit lifecycle from allocation to collection, and continuous and precise oversight of compliance with legal regulations. The year 2024 marked a period in which PASHA Bank expanded its portfolio of financing solutions, including working capital loans, project financing, acquisition financing, leasing, and foreign trade financing, by incorporating purchase financing and commodity financing offerings, and the Bank achieved a 15% increase in its cash loan volume compared to the previous year. In carrying out these activities, the Bank aligned its operations with the Türkiye Sustainability Reporting Standards, ensuring all necessary processes were ready for implementation. In this context, PASHA Bank maintained its focus on the renewable energy sector in the field of project finance, successfully doubling its loan volume in this area compared to the previous year. The year 2024 witnessed rapid technological advancements and a much faster pace of digital transformation, driven by the growing presence of artificial intelligence across many aspects of life. Digital transformation has evolved beyond being merely a technology-oriented process, becoming a revolutionary phenomenon that fundamentally reshapes business practices, human interactions, and even daily habits. As part of its ongoing commitment to digital transformation, PASHA Bank took its first step toward digitalizing financial analysis processes in 2024 through a strategic partnership with AGRA Fintech Software Solutions Inc., to provide faster and higher-quality service to its customers. Besides, PASHA Bank also accelerated its efforts to implement a digital approval system in 2024. PASHA Bank, which has been serving with the mission of being a “financial bridge” and “the first bank that comes to mind in the region” for companies seeking to engage in trade and investment between Türkiye, Azerbaijan, and Georgia since its establishment, has increased its share of non-oil trade volume among the three countries to around 20% and further reinforced its significant role in this area. Having left behind a challenging yet successful year, PASHA Bank plans to continue to support the Turkish economy in 2025 by closely following developments in the sector and around the world. The Bank is committed to addressing customer needs through its innovative and results-driven approach, positioning itself as a faster and more efficient solution hub through its products and services. “Customer Loyalty” principle The prioritized goal of PASHA Bank is to ensure high customer satisfaction and loyalty. In line with this goal, the Bank defines its primary principle as getting to know the customer well, always acting on the basis of principles and creating trust-based customer rapport. “Regional Player” principle PASHA Bank is the only bank established in Türkiye with main shareholders based in Azerbaijan. With the power it derives from shareholders who are among the leading groups in Azerbaijan, and the opportunity for cooperation thanks to the group banks and group companies operating in Azerbaijan and Georgia, the Bank serves firms that perform trading activities in the region. PASHA Bank is also the only bank in Türkiye to perform transactions in Azerbaijani manat (AZN) and Georgian lari (GEL) 41 General Information