Against the backdrop of the fall of the financial performance of most private financial institutions the prosperity of Pasha Bank is growing - its loan portfolio, focused on corporate business, by October 1, increased by 29.3% to 701 million 776.09 thousand manat.
The assets grew by 22.3% and at the end of September they were at the level of 1 billion 575 million 547.68 thousand manat with the total liabilities of 1 billion 226,110,000 manat (+ 29.87%).
Deposit accounts accumulated 873 million 662 thousand manat (+ 32.9%), of which deposits of individuals not engaged in business were 234 million 561 thousand manat (+ 20.1%).
The equity capital rose by 1.6%, amounting to 349 million 437.76 thousand manat in the three quarters. The authorized capital was unchanged at 333 million manat.
It is remarkable that with such growth, this bank worked with a loss of 7 million 602 thousand manat. According to observers, the money was invested in the project, including in foreign assets.
JSC Pasha Bank operates under license №250 dated November 28, 2007 issued by the Central Bank. The shareholders are two legal entities and one individual. The bank is a company of Pasha Holding. --17D-
Economics
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