BAKU, Azerbaijan, June 28. Azerbaijani PASHA Bank's assets increased by 16.5 percent in 2021 compared to 2020, Chief Financial Officer, Executive Board Member of PASHA Bank Bahruz Naghiyev said at a press conference on the results of 2021, on June 28, Trend reports.
According to him, this figure amounted to almost 6.4 billion manat ($3.7 billion) in total terms.
"PASHA bank's loan portfolio amounted to almost 2.6 billion manat ($1.5 billion). Bank's obligations to customers exceeded 5.8 billion manat ($3.4 billion)," Naghiyev said.
Naghiyev also emphasized that bank's turnover in the corporate segment exceeded 58.5 billion manat ($34.4 billion), in the small and medium-sized enterprises (SME) segment - about 5.1 billion manat ($3 billion), and in individuals - 4.7 billion manat ($2.7 billion).
"Number of corporate clients of PASHA Bank amounted to 1,999 (an increase of 7.2 percent) in 2021, SMEs - 24,467 (an increase of 28.7 percent) and individuals - 396,486 (an increase of 24.5 percent)," Naghiyev added.