17:22 - 15.07.2026

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July 15, Fineko/abc.az. Azerbaijan's leading corporate bank, PASHA Bank OJSC, has released the financial results for the first half of 2026. The report shows steady growth in bank's key business indicators, with moderate decline on net profit.

Over Jan-Jun 2026, bank's net profit declined by 26% year-on-year, reaching 67.747 million manats. The main factor contributing to the drop in profit was a 3-fold rise in special reserves for covering possible losses, which reached 36.826 million manats. Bank’s income for the 1st half of the year was 401.821 million manats, while its expenses amounted to 276.873 million manats.

At the same time, there was a positive trend in the main balance sheet indicators:

Assets: Increased by 6.2%, reaching 9.522 billion manats.

Credit portfolio: Net loans given to customers grew by 9.1% up to 3.49 billion manats.

Deposits: Bank's deposit portfolio grew by 7.6% up to 7.216.161 million manats (overall liabilities increased by 7.3% up to 8.6 billion manats).

Capital: Despite a rise in authorized capital by 5.3% up to 373.17 million manats, the balance sheet capital decreased by 3.4% to 921.646 million manats.