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PasaBank Registers at Azerbaijani Justice Ministry

Business Materials 21 June 2007 15:06 (UTC +04:00)

Azerbaijan, Baku / corr Trend I.Khalilova / PashaBank received its legal registration in the Azerbaijan Republic on June 18. Earlier, the Bank was issued a permit by the National Bank of Azerbaijan to proceed with preparatory work designed at establishing a fully fledged universal banking institution.

PashaBank is an Open Joint Stock Company whose shareholders are legal and private individuals, residents of Azerbaijan Republic. The paid up charter capital of the Bank is AZN 10,000,000.

The Bank is proud to become a part of the banking community in the country and is committed to play an important role in the development and provision of banking services to the economy and citizens of the Azerbaijan Republic.

The Bank will aim to become the country's leading financial services company giving its customers a fair deal, exhibiting a reputation for operational competence and integrity and growing to leadership position in the market.

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