PASHA BANK ENG 20

About the PASHA Group PASHA Bank OJSC is a corporation determining the trends in the Azerbaijan banking sector, especially in the digital field. long- term PASHA Bank OJSC focuses on creating and developing long- term supportive relations with the expanding customer base. PASHA Bank Azerbaijan PASHA Bank OJSC is one of the leading corporate banks in Azerbaijan. PASHA Bank OJSC provides all the Important financial services covering Investment banking, trade finance and asset management to a range of customers ranging from big corporations to SMEs. The Bank works in close cooperation with companies in the agriculture, transportation, construction, tourism and retail sectors which play a vital role in diversification of the Azerbaijan economy. PASHA Bank OJSC is among the first three banks in Azerbaijan with respect to total assets. As of 30 June 2020, the Bank’s total equity is registered as AZN 528,742 and the total assets being AZN 5,453,576 thousand. PASHA Bank OJSC focuses on creating and developing long-term supportive relations with the expanding customer base. The Bank aims to provide the highest level of internationally transparent banking services constructed on values of “Integrity, Quality, Profitability, Responsibility and Collaboration”. Adopting a strategic approach for keeping up with the rapidly changing financial markets, PASHA Bank OJSC is a corporation determining the trends in the Azerbaijan banking sector, especially in the digital field. PASHA Bank also aims to create the best employee experience in Azerbaijan and to strengthen its employer profile within the labor market as the most preferred company by the employees countrywide. All of the innovation plans of the Bank are devised with the support of valuable employees for developing and implementing the best. Since 2011, PASHA Bank OJSC has provided high net worth individuals private banking services including deposits, loans and financial planning. PASHA Bank OJSC serves in its Baku- based Headquarters and its nine branches. The Bank is operating with the vision of generating integrated banking activities aiming at increasing the trade and Investment volume between Baku, Tiflis and İstanbul, being the most dynamic markets in the region. The Bank’s first subsidiary, PASHA Bank Georgia, started operations on 17 December 2012. PASHA Bank OJSC is an affiliate of the PASHA Group which is a large scale investment holding group, holding important assets in insurance, real estate development, construction, tourism and other lines of business in Azerbaijan. * USD 1 = AZN 1.7 (30 June 2020) 16 Annual Report 2020 PASHA Bank General Information