Awards for Excellence national winners 2025: Azerbaijan

Best bank 2025: PASHA Bank

PASHA Bank, a prominent financial institution in Azerbaijan, has shown admirable growth and innovation, leading to its nomination for Azerbaijan’s best bank. In 2024, the bank experienced a significant improvement in its financial portfolio, with its credit portfolio expanding by 16.5% to reach AZN3.3 billion ($1.9 billion).  

Notably, lending to SMEs surged by 19%, highlighting the bank’s commitment to supporting small and medium enterprises, a crucial sector for economic growth.

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