JSC "PASHA Bank Georgia"

Anna MileikoCreated by Anna Mileiko, last update 27 October 2023

JSC PASHA Bank Georgia Logo

Address

#15, Rustaveli avenue, 0108, Tbilisi, Georgia

BIC

PAHAGE22

Overview

Category

Commercial banks

Business Focus

corporate and investment banking

PASHA Bank is a Baku-based financial institution operating in Azerbaijan, Georgia and Turkey. PASHA Bank provides corporate and investment banking services to large-, medium- and small-sized enterprises. PASHA Bank also offer a variety of deposits to natural persons. PASHA Bank has been operating in Georgia since 2013.

Performance

In 2023, JSC "PASHA Bank Georgia" achieved the position of 10th largest bank in Georgia with a market share of 0.66%; its total assets grew by 2.67%.

Additionally, the bank became the 12th profitable bank in relation to its total assets showcasing 0.32% return on assets in 2023.

Also the lender held the 5th position regarging its loans-to-deposits (L/D) registering 105.04% L/D ratio in 2022.

Deposit Protection

Deposits up to 15,000 GEL are covered by Georgian deposit guarantee scheme in JSC "PASHA Bank Georgia".

Services

corporate and investment banking
retail banking

Clients

companies
SMEs
natural persons

Area Served

GEGeorgia
internationallyinternationally

Products

business loans
credit lines
syndicated loans
trade finance
savings accounts
time deposit accounts
certificates of deposit

Account Currencies

GEGEL (Georgian lari)
USUSD (US dollar)
EUEUR (Euro)

International Transfers

SWIFT Transfers

Account Opening

Becoming a client of JSC "PASHA Bank Georgia" can be done in a few steps:

JSC
1.
Visit bank branch

JSC "PASHA Bank Georgia" performs client's identity verification via branch visit.

See Also

Ways to Bank

JSC "PASHA Bank Georgia" delivers its products and services through both direct and indirect channels, namely:
JSC
branch branch
online banking online banking
mobile app mobile app

Financials

Total Assets of JSC
Net_income of JSC
Market Share of JSC
Total Assets (2023)
532.37 mln GEL   (+2.67%)
Net Income (2023)
1.70 mln GEL

JSC "PASHA Bank Georgia" is the 10th largest bank in Georgia in terms of total assets. In 2023 its total assets were 532,37 mln GEL, providing the bank with the market share of 0.66%. In 2023 the bank's net income was 1,70 mln GEL.

Deposit Guarantee

Guarantee Fund
Deposit Insurance Agency of Georgia (DIAG)Deposit Insurance Agency of Georgia (DIAG)
Protected Amount
up to 15,000 GEL
Eligible Depositors
natural persons (residents and non-residents)
Covered Accounts
all types of deposits

JSC "PASHA Bank Georgia" participates in the deposit guarantee scheme of Georgia which applies to all types of deposits made by natural persons (residents and non-residents) and covers up to up to 15,000 GEL per bank per depositor. JSC "PASHA Bank Georgia" is a member of Deposit Insurance Agency of Georgia (DIAG) and makes its contributions into it.

See Also

Contacts

address#15, Rustaveli avenue, 0108, Tbilisi, Georgia
phone(995 32) 2 265 000
Website Languages
GEGeorgian
GBEnglish

JSC "PASHA Bank Georgia" is headquartered in Tbilisi.

Social Networks

JSC "PASHA Bank Georgia" has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
PAHAGE22

Bank Supervision

Supervised By
National Bank of Georgia

JSC "PASHA Bank Georgia" is authorized and supervised by the National Bank of Georgia.

Bank History

Start Date
17 January 2013
Flag of Georgia

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