BAKU, Azerbaijan, October 16. PASHA Bank’s
total assets reached 8.99 billion manat ($5.2 billion) in the first
six months of this year, said Murad Suleymanov, Chief Financial
Officer and a member of the Executive Board of “PASHA Bank” OJSC,
Trend reports.
Speaking at a press conference on the results of the first half
of 2025, Suleymanov articulated that the bank’s asset portfolio
experienced an uptick of 8.9 percent relative to the corresponding
timeframe of the preceding fiscal year.
“In the first six months of the current year, PASHA Bank’s loan
portfolio amounted to 3.4 billion manat ($2 billion). The bank
loans’ 43.1 percent was directed to the trade and services sector,
13.7 percent -individuals, 12.3 percent – the transport and
telecommunications sector, 9.7 percent – the energy sector, and 8.1
percent – the processing industry. The share of other sectors,
including construction, agriculture, and non-bank credit
organizations (NBCOs), makes up around 13 percent”, he
explained.
Suleymanov added that the share of loans issued to clients in
the bank’s total assets was 37.1 percent, down from 40.8 percent at
the end of 2024.
According to him, by currency breakdown, 2.19 billion manat
($1.3 billion) worth of loans were issued in manat, while 1.24
billion manat ($734 million) – in foreign currency, and the share
of foreign currency loans decreased by 4.2 percent.
“The total volume of loans provided through the Mortgage and
Credit Guarantee Fund amounted to 407.4 million manat ($240
million). Of this, 237.8 million manat ($140 million) was allocated
through the Small and Medium Business Development Agency, and 161.6
million manat ($95 million) through the Entrepreneurship
Development Fund. In terms of loan portfolio quality, 53.5 percent
of loans were classified as Stage 1 (high quality), 12.8 percent as
Stage 2, and 4.5 percent as Stage 3 (risky),” he added.
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