BAKU, Azerbaijan, February 13. Azerbaijan's
PASHA Bank OJSC, based on last year's financial results, plans to
pay its shareholders dividends of 129 million manat ($76 million)
this year, Chief Financial Officer (CFO) of PASHA Bank Murad
Suleymanov said at an event dedicated to the bank's Initial Public
Offering (IPO), Trend
reports.
According to him, although the bank annually committed to
allocating at least 30-40% of its net profit to dividend payments,
in reality, this figure ranged from 50% to 70%.
PASHA Bank was established in 2007 and is one of Azerbaijan’s
leading corporate financial institutions. The Bank provides
corporate and small and medium-sized business clients with
investment banking, trade finance, asset management, and
traditional banking services. Its core mission is to support the
development of the non-oil sector, meet the financial needs of
real-sector businesses, and contribute to the diversification of
the national economy. In addition to Azerbaijan, PASHA Bank
operates in Georgia and Türkiye.
In 2024–2025, PASHA Bank received multiple awards from
prestigious international publications such as Euromoney,
International Investor, and Global Finance in recognition of its
contributions to the development of local entrepreneurship,
including titles such as “Best SME Bank” and “World’s Best Private
Banks 2025”. In 2025, the Bank also became the first Azerbaijani
bank to win the “Gold Stevie” award in the “Company of the Year”
category at the Stevie Awards.
