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PASHA Bank maintains its market share and leading position in lending

... PASHA Bank maintained its position across key indicators in Azerbaijan’s banking sector in the first half of 2026. The bank’s market share by assets stood at 17.0%, while its market share in terms of the deposit portfolio was 19.8%. PASHA Bank’s market share in corporate lending stood at 20.3%, while its market share of deposit ...

PASHA Bank’s IPO concludes with a 129% subscription rate

... The first IPO in Azerbaijan’s private banking sector concluded with demand for PASHA Bank shares exceeding the offered amount by 29%. A total of 17,960 unique investors participated in the offering, which ran from April 13 to June 12. The total subscription amount reached AZN 66.3 million, while the placement amount stood at AZN 51.3 milli ...

PASHA Bank announces its half-year 2026 financial results

... ts for the first half of 2026 at a press conference. This was the Bank’s first press conference following the successful completion of its IPO (Initial Public Offering) – the first one in Azerbaijan’s private banking sector. The event, held on 18 September 2026, featured speeches by PASHA Bank Deputy CEO Bahruz Naghiyev, Execut ...

Additional traffic options to be provided during Formula 1

... To ensure the convenience of city residents and drivers during the Formula 1 Azerbaijan Grand Prix, a number of key roads will remain open to traffic at designated times. In addition, a new transit corridor will be established from the intersection of Uzeyir Hajibeyli and Pushkin streets towards Bulbul Avenue. Traffic restrictions will also b ...

Uniform and Accreditation Centre: A Key Stage in Preparing for the Azerbaijan Grand Prix

... With just a few days to go until the Formula 1 Azerbaijan Grand Prix, preparations at the Baku City Circuit are entering their final stage. However, organising the race involves more than work on the track and preparations at the grandstands. Accrediting thousands of people who will be working throughout race week, providing them with uniforms and ...

ABB Bank recognized as the best and most innovative digital bank in the country!

... rld’s Best Digital Banks 2026” awards. ABB Bank has been recognized with the awards for “Best Consumer Digital Bank” and “Most Innovative Consumer Digital Bank” in Azerbaijan. It is worth noting that in May this year, Global Finance magazine also named ABB Bank the “Best Bank in the Country.” The B ...

SOCAR President Meets with Uzbekistan’s Minister of Investment, Industry and Trade and Minister of Energy

... Industry and Trade of the Republic of Uzbekistan, and Sherzod Khodjaev, Minister of Energy. During the meeting, it was noted that, as a result of the political will of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Uzbekistan Shavkat Mirziyoyev, relations between the two countries have reached the level of ...

Azerbaijan and Uzbekistan signed Roadmap for 2026-2028 on Expanding Energy Cooperation

... rgy Sherzod Khodjaev. During the meeting, satisfaction was expressed with the dynamic development of strategic partnership and allied relations under the leadership of President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Uzbekistan Shavkat Mirziyoyev. It was emphasised that the Azerbaijani President’s state ...

Four BSU Students Complete Arabic Language Programme in Kuwait

... Regional Studies (Arab Countries). Throughout the programme, the students enhanced their Arabic language knowledge and skills at Kuwait University. Upon completing the programme, they returned to Azerbaijan, having gained experience in an international educational environment and broadened their understanding of the language and culture of the ...

Energy Minister has held discussions with UK Ambassador to Azerbaijan

... Energy Minister Parviz Shahbazov met with Duncan Norman, Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to Azerbaijan. During the meeting, the development of Azerbaijan-UK relations and the expansion of the energy partnership from the oil and gas sector to clean energy, decarbonisation an ...

Azerbaijan Airlines completes inaugural flight to Aktobe, its sixth destination in Kazakhstan

... Azerbaijan Airlines, part of AZCON Holding, has launched its first flight to Aktobe, Kazakhstan, bringing the number of cities it serves in the country to six. Regular flights on the Baku–Aktobe–Baku route operate three times a week, on Mondays, Wednesdays and Fridays. The direct service supports business and tourism links between Az ...

Bir Continues to Champion Girls' Education: 6 More Young Women Head to University via “Arzumuz var!

... eys every step of the way. Bir is the Caucasus’ first fully integrated digital ecosystem that fundamentally changes the daily service usage behaviors of individual and corporate customers in Azerbaijan. Bringing together the country's leading brands – the Birbank digital mobile banking app, the Birmarket e-commerce platform, Mill ...

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