Total number of active cards issued by JSC PASHA Bank increased during the six months of this year by 1,434 units, or 25%, reaching 7,211 units.
As reported in the bank during the reporting period, the bank mounted additional two ATMs, bringing the total number of the equipment up to 17 pieces.
Pasha Bank has the status of a principal member of international payment systems MasterCard and Visa International.
The bank is part of PASHA Group - a major investment holding company in Azerbaijan also widely represented in sectors such as insurance, construction, construction materials, tourism and other areas of business. Capital Bank, one of the largest banks in the retail market of Azerbaijan, also belongs to the group of companies PASHA. - 15B -
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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