PASHA BANK ENG 20

The first M&A transaction was finalized. The first Eurobond, with a maturity of five years and denominated in USD, was issued in the Azerbaijani market. The Bank, for the first time, acted as an intermediary in the issuance of a debt instrument. PASHA Holding LLC acquired 49% of the shares, and the paid-in capital was increased to TL 500 million. Moved to its new headquarters building. First euro-denominated Eurobond issuance in the three-year tenor was realized for Azerbaijan market. The first Lease Certificate backed by Financial Leasing assets is issued. PASHA Bank intermediated in funding the customers in the agricultural and automotive industry by issuing asset backed securities. The bank participated in Venture Capital Funds, the development of technology. 2017 2018 2019 2020 Annual Report 2020 PASHA Bank General Information 11