PASHA Holding

"PASHA Holding" Limited Liability Company (PASHA Holding or PASHA Holding LLC) through its subsidiaries, invests in banking and finance, insurance, information technology, retail, construction, hospitality and agriculture, the property development and tourism sectors. The Holding has two types of Investment assets portfolios: Controlling stakes in PASHA Holding and its subsidiaries and minority private equity investments.[2] It is owned and controlled by the Pashayev family.

PASHA Holding LLC
TypePrivate company
IndustryFinancial services
Founded2006
HeadquartersBaku, Azerbaijan
Area served
Azerbaijan
Turkey
Georgia
Montenegro
Key people
Jalal Gasimov, CEO[1]
Services
Total assetsIncrease AZN 11.9 billion (2019)
Total equityIncrease AZN 2.6 billion (2019)
Number of employees
8500+ (2019)
Websitehttp://www.pasha-holding.az

Banking

Current volume of paid-in capital of the Bank amounts to 333 million AZN. The total number of its shareholders comprises 2 legal entities and 1 physical person. The bank's shareholders are PASHA Holding Ltd. (60%), Ador Ltd. (30%) and Mr. Arif Pashayev (10%).[3]

Travel and tourism

PASHA Travel

PASHA Travel was founded in 2003.[4]

Absheron Hotel Group

Absheron Hotel Group was established in 2013.[4] It manages the following properties:

  • Pik Palace, Shahdag, Autograph Collection
  • Park Chalet, Shahdag, Autograph Collection
  • Boulevard Hotel, Baku, Autograph Collection
  • Sheraton Baku Intourist, Baku, Autograph Collection
  • Bilgah Beach Hotel, Baku
  • The Merchant Baku, Baku
  • Courtyard Hotel, Baku
  • Dinamo Hotel, Baku, member of SLH (Small Luxury Hotels of the World)
  • Allium Villas Resort, Bodrum / Turkey, member of L.V.X. (Preferred Hotels & Resorts)

Insurance

PASHA Insurance was founded in 2006.[5] PASHA Life Insurance OJSC is a member of the Compulsory Insurance Bureau.[5]

Construction
  • PASHA Construction
  • PASHA Development

References
  1. "PASHA Holding website".
  2. "PASHA Holding". pasha-holding.az.
  3. "Əsas | PAŞABank". www.pashabank.az.
  4. "PASHA Travel | Tourism and Destination Management". www.pashatravel.az.
  5. "PAŞA Sığorta | Sığorta şirkəti". www.pasha-insurance.az.
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