Pasha Bank does not exclude external borrowing


A commercial bank of Azerbaijan, PASHA Bank, has no external obligations for today.

At today’s media conference Khayala Nagiyeva, a member of board of the Bank, has claimed that given the level of their capitalization there has not been such a need so far.

"But if the Bank receives a proposal for the financing a large project to be of interest for us we can resort to external borrowing as well," she emphasized.