PASHA Bank, which is a “financial bridge” for companies that want to trade and invest in the triangle of Turkey, Azerbaijan and Georgia, and which has strengthened its position in the investment banking sector in Turkey, has announced its 2022 balance sheet. According to the financial results, the asset size of PASHA Bank increased by 72.8 percent compared to 2021 and reached a size of TRY 6 billion 156 million.
PASHA Bank, one of Turkey's leading investment banks with its investment banking, corporate banking and premium banking products, and which has been serving in Turkey for 8 years and was established to contribute to the development of trade between Turkey-Azerbaijan-Georgia, to create resources and guide the businesses investing in the region has announced its year-end financial results for 2022. On the occasion of the financial results, PASHA Bank General Manager H. Cenk Eynehan wished our citizens who lost their lives in the two earthquakes in Kahramanmaraş, which is called the "disaster of the century", rest in peace, condolences to their relatives and our country, and a quick recovery to the injured. With its main shareholders PASHA Holding and its subsidiaries, PASHA Bank, which created a total donation fund of over 1 million dollars to AFAD and AHBAP in the first place, also sent a search and rescue team of 40 people to Kahramanmaraş.
According to the financial results, PASHA Bank, by growing 72.8% compared to 2021, increased its asset size to TRY 6 billion 156 million, its cash loan size increased by 50.2% to TRY 3 billion 638 million, and its total loan size increased by 40.2% to TRY 4 billion 423 million. At the same time, total equities of PASHA Bank increased by 34.4 percent compared to the previous year and reached TRY 816 million.
Bringing Asset Backed Securities, one of the most notable instruments of the last period as an alternative finance source, with capital market players, PASHA Bank continues to support the agriculture, automotive and chemistry sectors. PASHA Bank has provided financing support of over TRY 1 billion in total for the agriculture, automotive and chemistry sectors since the first ABS issuance in 2020.