| “PASHA Bank” OJSC which is part of “PASHA” group of companies was organized in June 2007 and is operating under the license dated 28 November 2007 No 250 issued by the Central Bank of the Republic of Azerbaijan.
The Bank’s official auditor Ernst & Young and tax consultant PriceWaterhouseCoopers are international audit companies.
“PASHA Bank” OJSC has established broad correspondent relationships with a number of financial institutions and credit organizations.
In terms of the volume of paid-in capital (136.8 million AZN) the Bank is the second largest in the domestic market. The total number of its shareholders comprises 2 legal entities and 1 physical person. The Bank’s management structure is as follows: Shareholders’ General Meeting, Supervisory Board, Audit Committee and Management Board.
At present, the Bank operates a head office and two departments. The total number of the Bank’s staff is 160. |