PASHA Holding's financial organizations earned AZN 315 million a year

17:57 - 4.08.2022

August 4, Fineko/ Financial organizations belonging to Pasha Holding and operating throughout the country will receive a total of AZN 315 million of net profit in 2021, ABC.AZ reports with reference to the financial statements published by the companies.

The total net profit of Pasha Holding’s financial organizations - PASHA Bank, Kapital Bank, PASHA Hayat Sigorta and PASHA Kapital - amounted to AZN 314.95 million.

In 2021, separate companies will receive net income in the following amounts:

Kapital Bank – AZN 179.96 million;

PASHA Bank – AZN 90.18 million;

PASHA Sigorta – AZN 24.6 million;

PASHA Hayat Sigorta – AZN 17.7 million;

PASHA Kapital – AZN 2.46 million.

In 2021, the profit of these organizations was slightly less. The holding’s financial organizations finished 2000 with profit of AZN 380 million.  So, in 2020, the net profit on IFRS was:

Kapital Bank – AZN 253.836 million;

PASHA Bank – AZN 79.48 million;

PASHA Hayat Sigorta – AZN 21.8 million;

PASHA Sigorta – AZN 20.69 million;

PASHA Kapital – AZN 3.08 million.