BAKU, Azerbaijan, October 20. A new appointment is planned for a leadership position in the field of retail banking at PASHA Bank Georgia, Azerbaijan's PASHA Bank OJSC's Executive Board Member Murad Suleymanov said at a press conference dedicated to the OJSC’s performance results for the first half of 2023, Trend reports.
“PASHA Bank Georgia's management is facing changes. New appointments will be made from Azerbaijan, and relevant meetings are held with the National Bank of Georgia. The main task of the new appointments will be the development of retail banking. By the end of the year, it's planned to prepare a new strategy with new management,” he emphasized.
PASHA Bank OJSC was established in June 2007 and is one of the top three banks in the country in terms of assets. It plans to end 2023 with a net profit of about 200 million manat ($117.6 million).
PASHA Bank Georgia was founded in December 2012 and is operating under a license dated January 17, 2013 issued by the National Bank of Georgia.