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PASHA Bank to open branch in Azerbaijan’s Shusha by end of year

BAKU: PASHA Bank will open a branch in Azerbaijan's Shusha by the end of this year, Chairman of the Executive Board and Chief Executive Officer at PASHA Bank Javid Gouliyev said during today's press conference dedicated to the bank's performance results for 2023 in Baku, Trend reports. "By the end of this year, PASHA Bank will open a branch in Shusha to coordinate customer service in the region. More detailed information will be provided in the coming months," he said. To note, at the end of 2023, PASHA Bank's assets stood at 8.622 billion manat or $5.07 billion (2.2 percent growth), with the loan portfolio at 2.958 billion manat or $1.7 billion (4.7 percent growth), liabilities at 7.809 billion manat or $4.59 billion (35.7 percent growth), and the bank's net profit reached 271.551 million manat or $159.7 million (3.18 times growth). Source: Trend News Agency