Azerbaijan, Baku, Oct. 28 / Trend I. Khalilova /
The Azerbaijani Pasha Bank plans to adopt a new strategy for the next three years, Chairman Farid Akhundov told Trend on Friday.
The bank's first strategic plan [for 2009-2011] was focused on three main areas - work with the corporate sector, as well as medium and small business; Wholesale banking (treasury operations, maintenance of banks) and Private banking (servicing of wealthy clients).
"We will continue this policy in the new strategic period," he said. "We will focus on the quality of staff, servicing. This is important."
He said Pasha Bank's policy provides for introduction and expansion of infrastructure for full servicing of clients.
"It is very important to develop and expand the range of banking services," he said.
Akhundov stressed that the bank intends to intensify the work and strengthen the role as underwriter and market maker of corporate bonds issued by Azerbaijani companies.