“PASHA Bank” joined EUGBC
EUGBC is pleased to announce, that “Pasha Bank” joined EUGBC as a Corporate Member in March, 2015.
PASHA Bank in Georgia was granted a license for bank activities by the National Bank of Georgia (NBG) on January 17, 2013 and officially opened on February 8, 2013.
As is the case with the Parent Bank, PASHA Bank in Georgia is a full service corporate bank. The Bank’s share capital is USD 59 million.
As at June 2014the Bank is in the top 10 banks of Georgia by equity and in the top 15 by total assets.
The Bank intends to diversify its customer base across various sectors, with a particular focus on the following:
• Agriculture, food and beverage processing
• Trade and service
• Transportation and logistics
• Manufacturing and heavy industries
• Oil and gas
• Utilities
• Financial services
The Bank positions itself as a long-term partner for businesses and a right choice for those in foreign trade who want to extend their operations beyond the national borders.
The Bank is actively partnering with the local government to support initiatives related to real economy sectors.