17:10 - 6.05.2026

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May 6, Fineko/abc.az. PASHA Bank Georgia (a subsidiary of PASHA Bank) completed the first quarter of 2026 with net profit of 4.074 million lari (2.567 million manats).

For comparison, for Q1 of 2025, the bank recorded net loss of 915,000 lari (576,000 manats).

ABC.AZ informs that for Jan-Mar, the pre-tax profit amounted to 4.307 million lari (2.713 million manats), whereas the bank operated at a loss a year earlier. Income tax expenses totaled 233,000 lari (147,000 manats), which is 2.7-fold less than last year.

As of April 1, bank's assets reached 669.046 million lari (421.499 million manats), which is 4.5% less against Q1 of 2025. Of them, 417.279 million lari (262.886 million manats) accounted for net loans to customers.

The bank's liabilities decreased by 9% over the year to 524.973 million lari (330.733 million manats). In particular, the deposit portfolio decreased by 13.3% to 426.731 million lari (268.841 million manats).

At the same time, bank's own capital grew by 17% and reached 144.074 million lari (90.767 million manats).