ECONOMY
PASHA Bank once again represents region at SIBOS forum
As well as in 2013, the only representative of the region, acting at the event as an exhibitor, is one of the largest banks in Azerbaijan - PASHA Bank.
“SIBOS is a very important event for us, as precisely here reps of financial institutions, major corporations and technology companies of the world gather annually to discuss business issues and form the future international financial industry. PASHA Bank’s participation in such events allows us to establish new business relationships with leading companies of the sector and adopt the best practices and experience of the best banks of the world, using them in the future on the Azerbaijani market”, said PASHA Bank Chairman of the Board Farid Akhundov.
“Simultaneously, participation is an excellent opportunity to demonstrate the achievements of Azerbaijan in the economic and financial spheres, as in this forum, we represent not only themselves, but also the entire country," he emphasized.
This is the 5th international forum of SIBOS, where PASHA Bank has been actively involved. Next year, the Forum, whose organizer is the Society For Worldwide Interbank Financial Telecommunication (SWIFT) will be held in Singapore.
PASHA Bank is a leading corporate bank in Azerbaijan. Established in 2007, it provides a range of corporate banking services including: loans, securities, asset management, and treasury services. PASHA Bank employs circa 300 people across its head office and 9 branches and was declared ‘The Best Investment Bank of Azerbaijan’ by the Europe Banking Awards 2011, 2012 and 2013, and ‘The Best Private Banking in Azerbaijan’ by World Finance in 2013.
PASHA Bank is a part of PASHA Group, a major investment holding group in Azerbaijan, which also includes significant assets in insurance, property development, production of construction materials, tourism and other businesses. Kapital Bank, one of the largest retail banks in Azerbaijan, is also owned by PASHA Group.