Bank Of Baku

Pasha Life’s investments in banks and securities reach AZN 10 mln

Pasha Life’s investments in banks and securities reach AZN 10 mln
# 04 July 2011 12:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Pasha Life’s investments in banks and securities reached AZN 10 mln, said the Deputy Chairman of Board of Directors Niyazi Ismayilov.

According to him, AZN 7 mln of this was invested in securities, others – in different banks.

Annual YTM of investments in banks makes 9-10% depending on banks.

Note that, Pasha Life was registered on November 24, 2010.
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