Pasha Bank ready to consider consolidation proposals

Baku. 22 February. REPORT.AZ/ Pasha Bank OJSC has no plans to make additional changes to the new tariff policy, the introduction at the beginning of the year. Report informs, Board member of Pasha Bank Shirin Aliyeva said: "We will continue our work with the tariff rates."

She has also expressed her attitude towards the process of consolidation of banks: "According to the law "On Banks", the treatment may be considered at the general meeting of shareholders. If the offer will arrive, we will consider them in accordance with the law."

Sh.Aliyeva reported that the bank has no plans to attract any funds from the Central Bank.

"We do not plan to raise funds from the Central Bank. As for raising funds from abroad, we are continuing our cooperation with correspondent banks are open for Azerbaijan and we will continue to trade finance in this direction", she said.