PASHA Holding
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| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 2006 |
| Headquarters | Baku, Azerbaijan |
Area served | Azerbaijan Turkey Georgia Montenegro |
Key people | Jalal Gasimov, CEO[1] |
| Services |
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| Total assets |  AZN 11.9 billion (2019) |
| Total equity | AZN 2.6 billion (2019) |
Number of employees | 8500+ (2019) |
| Website | http://www.pasha-holding.az |
PASHA Holding is an Azerbaijani conglomerate.[2] Its major holdings are Kapital Bank (81.08%)[3] and Pasha Bank (71.7498%).[4][5] Among other subsidiaries are Pasha Insurance, Pasha Life and many others.[2][6] The company operates in Azerbaijan, Turkey, Montenegro, Uzbekistan and Georgia.[6]
It is owned and controlled by the Pashayev family, of which Vice President and First Lady Mehriban Aliyeva (née Pashayeva) is a member. Aliyeva's daughter Leyla and Arzu inherited the company in 2013 when her father retired. The company has been embroiled in high-level corruption in Azerbaijan.[2]
The company built the Four Seasons hotel in Baku, which involved destroying part of the Baku Fortress Wall of the Inner City.[2]
References[edit]
- ^ "PASHA Holding website".
- ^ a b c d Altstadt, Audrey L. (2017). Frustrated Democracy in Post-Soviet Azerbaijan. Columbia University Press. pp. 126–127. doi:10.7312/alts70456. ISBN 978-0-231-70456-4. JSTOR 10.7312/alts70456.
- ^ Kapital Bank. "About Kapital Bank - Section Shareholders".
{{cite web}}: CS1 maint: url-status (link) - ^ KAP Public Disclosure Platform. "KAP Public Disclosure Platform Merkezi Kayıt Kuruluşu AŞ".
- ^ Turkey, Fortune (3 May 2024). "Pasha Bank, Türkiye'deki Faaliyetlerini Güçlendiriyor | Fortune Turkey" (in Turkish). Retrieved 28 May 2024.
- ^ a b Pasha Holdings. "Group Structure".