Steadily progressing towards its sustainable growth target, PASHA Bank increased, as of March 31, 2019, its asset size by 11% compared to the previous year to TL 1.5 billion, while cash loans reached TL 901 million. While Fitch Ratings affirmed PASHA Bank's national credit rating as "BBB + (tur)", JCR Eurasia Rating determined the Bank's Corporate Governance Compliance Rating as (9,11) and the outlook as (Stable).
Steadily progressing towards its sustainable growth target, PASHA Bank increased, as of March 31, 2019, its asset size by 11% compared to the previous year to TL 1.5 billion, while cash loans reached TL 901 million.
While Fitch Ratings, an international credit rating agency, affirmed PASHA Bank's national credit rating as "BBB + (tur)" and the outlook of its credit rating as "Stable", JCR Eurasia Rating determined PASHA Bank's Corporate Governance Principles Compliance Rating as (9, 11) and the outlook as (Stable).
According to JCR Eurasia Rating's methodological infrastructure and notational representation, PASHA Bank's Corporate Governance Compliance Grade is in the category of AAA (Trk) / Above Merit] as the level of convergence and [aa / (Very Superior)] as the rating.