ECONOMY
PASHA Bank Georgia opens
Baku, February 9 (AZERTAC). A ceremony has taken place in Tbilisi to officially open PASHA Bank Georgia, a first subsidiary of Azerbaijan`s PASHA Bank.
Speaking to the ceremony, Farid Akhundov, PASHA Bank`s Chairman of Board, said: “There are many reasons behind the decision to open our first representation in Georgia.”
"Among them is an annually growing trade between our countries, and joint activities in implementing strategic projects on a regional scale, as well as strong, friendly relations between Azerbaijan ad Georgia.”
Akhundov added: “The main goal pursued by us is to make our own contribution to developing economies of our countries."
The authorized capital of PASHA Bank Georgia is 35 million lari or about $21 million.
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