PASHA Bank’s troubled loans make up 13% of assets

 PASHA Bank’s troubled loans make up 13% of assets
# 04 October 2017 09:21 (UTC +04:00)

In the first half of 2017, share of PASHA Bank OJSC’s troubled loans in assets increased 1% to 13.1%, member of bank’s Management Board Khayala Nagiyeva said.   

 

According to her, the increase is related to loans given to construction companies: “We expect this figure to lower at the year-end”.  

 

She noted that bank’s assets are forecasted to reach AZN 3.8 billion.

 

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