BAKU, Azerbaijan, October 20. Azerbaijan's PASHA Bank OJSC plans to end 2023 with a net profit of about 200 million manat ($117.6 million), PASHA Bank's Board Member Murad Suleymanov said at a press conference dedicated to the bank’s performance results for the first half of 2023, Trend reports.
PASHA Bank completed the first nine months of this year with a net profit of 147.26 million manat ($86.6 million), which is 34.2 percent more than the same period last year.
In the reporting period, PASHA Bank was among the top three Azerbaijani banks in terms of the volume of preferential loans issued to businesses (15.5 million manat or $9.1 million).
PASHA Bank OJSC was established in June 2007 and is one of the top three banks in the country in terms of assets.