FINANCE
PASHA Bank Georgia

PASHA Bank Georgia

PASHA Bank is a Baku-based financial institution operating in Azerbaijan, Georgia and Turkey, providing corporate and investment banking services to large and medium-sized enterprises.

The Bank has been operating in Georgia since 2013. Being a regional bank, it leverages its experience in various markets to offer its clients tailor-made products and services incorporating the best global practices. 

PASHA Bank Georgia has developed certain competitive advantages in particular product lines, such as debt capital market operations, where it draws on its significant experience in the area gained over the years in the capital markets in Azerbaijan. 

The Bank places special emphasis on the development of trade finance business as its presence in the region’s three major economies puts it in a position to create a unique value proposition for its client-base.

PASHA Bank Georgia strives to build a franchise renowned for relationship banking, providing its clients with top-level services and advice.

 

PASHA Holding 

PASHA Bank Georgia is a part of PASHA Holding - a diversified investment group with interests in banking, insurance, property development, construction, tourism and other sectors. 

PASHA Bank

Since its foundation back in 2007 in Azerbaijan PASHA Bank earned the reputation of a reliable partner and provider of tailor made financial solutions facilitating a sustainable growth and development of its customers. 

The Bank is one of the most respected and trusted financial institutions in Azerbaijan. 

In line with regional expansion strategy PASHA Bank incorporated a fully owned subsidiary PASHA Bank Georgia, which opened for business in February 2013. 

In December 2014 PASHA Bank Turkey opened for business offering full range of commercial and investment banking services to large corporates.

 

Kapital Bank

Formerly known as the United Universal Bank, Kapital Bank was formed as a result of the merger of three major State owned Banks Agro-Investment Bank, Industrial-Investment Bank and Savings Bank in 2000.

Being a successor of Savings Bank, its roots date back to 1874 when the first branch of Savings Bank opened in Baku. Being a universal bank, Kapital Bank provides a wide range of banking services both to corporate and individual clients with a distinct focus on retail business. 

Kapital Bank boasts the most extensive branch network in Azerbaijan. The Bank is rated ‘BB-/B‘ by Standard & Poor’s Ratings and Ba3 by Moody’s Investors.

 

PASHA Travel

PASHA Travel provides a wide range of travel and hospitality services to the corporate and retail customers. Strong emphasis on customer satisfaction has enabled it to attain the leading position in the Azerbaijani market. 

Over the course of the last several years PASHA Travel has developed a network of global alliances allowing the Company to put together variety of travel packages for budget travelers and premium customers alike. 

PASHA Travel succeeded in building a strong reputation of a reliable outsource partner for corporate sponsored business trips.

 

PASHA Insurance

PASHA Insurance is the very first member of PASHA Holding, incorporated in early 2006. 

The Company is the largest insurance services provider in Azerbaijan with revenue of USD 56.5 million as of December 31st, 2016. 

The Company leads the market by its ability to take the risks on its own balance sheet. 

PASHA Insurance offers more than 30 types of products to corporate and retail customers.

 

PASHA Life

Life insurance business line has been added to the PASHA  Insurance’s existing offerings, later being incorporated as a separate legal entity - PASHA Life.

The latter provides life insurance services to the general population in the age range of 18 to 65 years old. It has also developed a high-end Key Man Insurance product aimed at top executives who play a crucial role in the day to day management of their respective organizations.

 

PASHA Construction

PASHA Construction is one of the largest businesses of its kind in Azerbaijan. 

As of the end of 2016 its completed project portfolio exceeds 1,180,000m2 worth of projects, with further 830,000 m2 currently under construction. 

These developments include retail, residential, office space, hotels and large mixed use properties. 

The list of the successfully completed projects includes but is not limited to – Shuvelan Shopping Center, Nizami Residence, Baku Business Center, Chinar restaurant, Port Baku Towers, Absheron JW Marriott Hotel and Residences, Four Seasons Hotel.

 

PASHA Bank Georgia - Sponsor of Caspian Energy Forum Tbilisi - 2018

PASHA Bank has been operating in Georgia since 2013. During the short period of time the Bank has received positive feedback from its customers due to the high-quality service it provides and its exclusive business approach. 

In line with the contribution to the further development of Georgian economy and enhancement of its investment climate, PASHA Bank Georgia has become the sponsor of the 5th International Caspian Energy Forum Tbilisi – 2018 which will take place in Tbilisi on 18 April 2018. 

Caspian Energy Forum is held several times a year in countries of the Caspian-Black Sea and Baltic regions and serves as traditional ground providing favorable conditions to activate a government-to-business dialogue, establish a close contact between the companies of the oil and non-oil sector, arrange meetings between representatives of the small and medium business, between investors, experts and analysts who are interested in global cooperation of the business. 

From 300 up to 500 delegates will attend the Caspian Energy Forum Tbilisi-2018. Among them there will be members of the Government of Georgia and Azerbaijan, heads of public and transnational companies, international financial institutions, leading analytical centers, investment companies and rating agencies of the Caspian-Black Sea and Baltic region states, as well as representatives of diplomatic and international missions accredited in Georgia.

“Conduction of Caspian Energy Forum in Tbilisi is particularly important with regard to the development of cooperation between Azerbaijan and Georgia, as well as the development of the business-to-government dialogue, establishment of business contacts and realization of ideas, projects and innovative products”, Chairman of the Board of Directors and Chief Executive Officer of PASHA Bank Georgia Arda Arkun emphasized.  

Back in 2014 PASHA Bank Georgia was the golden sponsor of the 2nd International Caspian Energy Forum held in Tbilisi. PASHA Bank Georgia was named “The Bank of the Year” by Caspian Energy Group and was awarded a prize and diploma by the President of Georgia Giorgi Margvelashvili. 

 

PASHA Bank – Sponsor of CEO Lunch Tbilisi Series

In September 2017, Caspian European Club and Caspian American Club hosted the first CEO Lunch Tbilisi within the framework of the official ceremony marking the resumption of activities of Caspian Energy Georgia.

CEO Lunch Tbilisi was a series of meetings for CEOs of Georgian and Azerbaijani companies and it was supported by PASHA Bank Georgia.

The CEO Lunch Tbilisi was attended by Prime Minister of Georgia Giorgi Kvirikashvili, First Vice Prime Minister, Minister of Finance of Georgia Dimitry Kumsishvili, Minister of Economy and Sustainable Development of Georgia Giorgi Gakharia and Ambassador Extraordinary and Plenipotentiary of the Republic of Azerbaijan to Georgia Dursun Hasanov as honorary guests. 

The Prime Minister of Georgia thanked the organizers of the meeting and underlined the significance of the project in regards of bringing together business circles from these two countries. 

In 2017, Caspian European Club and Caspian American Club hosted two more CEO Lunch Tbilisi meetings with PASHA Bank Georgia being the sponsor.