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Azerbaijani PASHA Bank to simplify loan obtaining process

Business Materials 25 April 2018 16:59 (UTC +04:00)

Baku, Azerbaijan, April 25

By Ilkin Shafiyev - Trend:

Tacir Kart Product will allow for simplifying the process of reviewing loan applications for PASHA Bank customers, Alexander Golovko, Director of the Bank's Department of cooperation with small and medium businesses (SME) told Trend.

"Customers who actively use non-cash payments, in fact, give us, as a financial institution, an additional opportunity to manage credit risks. This, in turn, allows us to provide businesses with the most favorable conditions for loans and to ensure the rapid process of obtaining a loan. The benefit here is obvious and mutual", said Golovko.

He added that the Tacir Kart Product also allows the cardholder to get a credit line from the Bank.

"The credit line can be used by enterprises that need short-term financing," the representative of PASHA Bank said.

PASHA Bank has been operating in Azerbaijan since 2007 and is a member of PASHA group of companies – a large investment holding company in Azerbaijan, which is also widely represented in such sectors as insurance, construction, production of building materials, tourism, and other areas of business.

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