OREANDA-NEWS. June 30, 2010.  Pasha Bank, one of the leader private banks of Azerbaijan, that marked three years from its establishment on 18 June has announced its plans until the end of 2010.

At today’s news conference Shain Mammadov, the director of the Bank’s Financial Management Department, has said that according to Pasha Bank’s budget, its assets following 2010 are expected to reach 440 million manats.

“At that net profit is going to be 20 million manats and loan portfolio 200 manats,” he said.

The Bank orients to wholesale sales – service of corporate customers and individual clients with high income.

As of 1st April its assets totaled 329.897 million manats versus 306.4 million manats following 2009 and net profit 2.01 million against 16.059 million, loan portfolio 134.03 million. RoA indicator reached 7.18% versus 7.05%, and RoE - 23% against 16.95%.