S&P affirms rating of PASHA Bank

S&P affirms rating of PASHA Bank

The  Standard & Poor's agency informs that the rating of PASHA Bank has been affirmed at the level of BB-/B maintaining a stable outlook on it.

has been affirmed at the level of BB-/B maintaining a stable outlook on it.According to the Chief Investment director and member of PASHA Bank's Board, Taleh Kazimov, the affirmation of the bank’s rating in the period when the region faces increasing macroeconomic risks is weighty proof of PASHA Bank’s reliability.“With our position as a reliable financial partner of the real sector we will continue rendering support to business and contribute to the growth and diversification of Azerbaijan’s economy,” Trend cited Kazimov as saying.

 

According to the Chief Investment director and member of PASHA Bank's Board, Taleh Kazimov, the affirmation of the bank’s rating in the period when the region faces increasing macroeconomic risks is weighty proof of PASHA Bank’s reliability.


“With our position as a reliable financial partner of the real sector we will continue rendering support to business and contribute to the growth and diversification of Azerbaijan’s economy,” Trend cited Kazimov as saying.

 

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