ECONOMY
PASHA Bank announced as ‘Best Investment Bank of Azerbaijan’ for 2012
Baku, April 26 (AZERTAC). Authoritative international financial magazine EMEA Finance has published the list of holders of Europe Banking Awards 2012.
PASHA Bank has become the winner for the second time in accord with the results of voting in the nomination "The Best Investment Bank of Azerbaijan".
In little more than two years, PASHA Bank has issued corporate bonds of 6 issuers (representatives of different sectors, including banking, leasing and telecommunications sectors) by 9 issues for approximately AZN 97.8 million.
2012 PASHA Bank started to provide market-making services on mortgage bonds of the Azerbaijan Mortgage Fund.
Europe Banking Awards winners are determined by a vote, which involves leading experts - analysts of the financial industry and banking consultants.
The analysis of the banking sector of the markets of developing countries takes into account such criteria as growth in assets, profitability, developing strategic relationships, customer service, competitive level, a line of innovative products, etc.
The award ceremony of Europe Banking Awards 2012 will take place in Austria on 5 June.