PASHA BANK Continues Its Success in the First Quarter of 2024

 
Print this
 

PASHA Bank, serving as a “financial bridge” among Türkiye, Azerbaijan, and Georgia, announced its financials for the first quarter of 2024. According to the report, PASHA Bank demonstrated a growth performance of 63% compared to the same period last year. It also increased its equity by 65% compared to the same period last year. In recent months, PASHA Bank became the first and only bank in Türkiye to launch a digital platform that allows non-client qualified investors to participate in Asset-Backed Securities (ABS) issuances, making it accessible to investors.

In addition to serving as a “financial bridge” for companies aiming to trade and invest within the Türkiye, Azerbaijan, and Georgia triangle and seeking to increase their current business volume, PASHA Bank has also taken on the mission of being a guide and strategic solution partner for these companies in the region. Within just nine years, PASHA Bank has become one of Türkiye’s strongest investment banks. Closing the year 2023 with an asset size of TRY 9.9 billion and a cash loan volume of TRY 5.6 billion, PASHA Bank continued its success into the first quarter of 2024. Accordingly, PASHA Bank increased its asset size by 63%, its equity by 65%, and its cash loan size by 55% compared to the same period last year. With its Asset-Backed Securities Issuances (ABS), since 2020, it has provided a total of TRY 2.5 billion to the real sector. PASHA Bank continues to provide resources to the real sector and, in recent months, has pioneered in Türkiye by creating a digital platform that allows non-client qualified investors to participate in issuances through its website.TURKEY

One-Click ABS! First and Only in Türkiye!

PASHA Bank’s General Manager, H. Cenk Eynehan, provided insights into the bank’s growth performance, stating, “At PASHA Bank, we create three-year strategic plans and have successfully completed a fruitful three years. We have also developed the roadmap for our new strategy covering the 2024-2026 period. In this new strategy period, where sustainability is at the forefront, our priorities will be to increase our role in financing trade in the Türkiye -Azerbaijan-Georgia triangle, to continue supporting the real sector by increasing our issuance volume with the products we launch in the capital markets, to diversify our financing options and products in response to our customers’ needs, to maintain our customer focus, and to add value to the economy.”

Internet Banking

Log in

 

PASHA Bank Headquarters

Sultan Selim Mahallesi,
Hümeyra Sokak,
PASHA Plaza No:2/7
34415 Kağıthane / Istanbul - Turkey