Bank Of Baku

Pasha Bank intends to get international rating next year

Pasha Bank intends to get international rating next year
# 30 June 2010 13:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Pasha Bank intends to get international rating at the end of 2011, bank’s chairman Farid Akhundov told APA.

According to him, the bank holds talks with Standard&Poors, Fitch Ratings, Moody’s international rating agencies about this. The bank operates for three years. We don’t hurry to get rating. Generally, the rating is one of the important factors for development of bank and to borrow the financial resources from abroad, he said.

Pasha Bank has been in operation since 2007.
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