# Pasha Bank (Azerbaijan)

> Source: https://docs.barcoder.ai/docs/wallets/pasha-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Pasha Bank — official](https://www.pashabank.az/)

## Overview

**Pasha Bank (Azerbaijan)** is **Azerbaijan's largest commercial bank by assets** + **Pasha Holding parent + Mehriban Aliyeva controlling via Pasha Holding** + **First Lady of Azerbaijan + daughter of Pasha Holding founder Arif Pashayev ownership** + **Azerbaijan + Georgia + Turkey operations** <sup>[1][1], [Azerbaijan report](https://docs.barcoder.ai/docs/payments/AZ)</sup>. **2025 baseline**: Pasha Bank Azerbaijan's largest commercial bank by assets.

## History

**2007 — Pasha Bank OJSC founded by Pasha Holding (Pashayev family Azerbaijani conglomerate)** distinctive Azerbaijani banking heritage.

**2014 — Pasha Bank Mobile Banking app launch** distinctive Azerbaijani mobile banking strategy.

**2017 — Pasha Bank Georgia subsidiary + 2014 Pasha Yatırım Bank Turkey subsidiary** distinctive Azerbaijani regional banking expansion.

## Ownership & operator

**Operating entity**: **Pasha Bank OJSC** (Azerbaijan's largest commercial bank by assets; Pasha Holding parent + Mehriban Aliyeva controlling via Pasha Holding).

**Major shareholders**: **Pasha Holding (Pashayev family Azerbaijani conglomerate; First Lady Mehriban Aliyeva + daughter of founder Arif Pashayev + Pasha Construction + Pasha Insurance + Pasha Property + Pasha Travel) majority controlling + minority Azerbaijani institutional investors**.

**Regulators**: **CBAR (Central Bank of the Republic of Azerbaijan)**.

## Technical integration

Pasha Bank Mobile Banking app (iOS + Android) + pashabank.az online + Pasha Bank branch network across Azerbaijan + Georgia + Turkey + Pasha Bank Visa + Mastercard cards; Azerbaijan IBAN + AziPay (Azerbaijani national payment network).

## Implementations & partners

**Pasha Holding ecosystem**: **Pasha Bank + Pasha Holding (Pashayev family Azerbaijani conglomerate; Pasha Construction + Pasha Insurance + Pasha Property + Pasha Travel) + Pasha Bank Georgia + Pasha Yatırım Bank Turkey** distinctive Azerbaijani Aliyev family conglomerate-bank ecosystem.

**Major Azerbaijani banking competitors**: [Kapital Bank Azerbaijan + Birbank](https://docs.barcoder.ai/docs/wallets/kapital-bank-az) (Kapital Bank Azerbaijani commercial bank + Birbank mobile banking) + International Bank of Azerbaijan (International Bank of Azerbaijan ABB; Azerbaijani state-owned commercial bank; Azerbaijan's largest bank by assets historically) + ABB (Azerbaijan ABB International Bank of Azerbaijan) + Unibank (Unibank Azerbaijani commercial bank) + Expressbank (Expressbank Azerbaijani commercial bank).

**Regulator**: CBAR.

## Status

**Active, Azerbaijan's largest commercial bank by assets + Pasha Holding parent + Mehriban Aliyeva controlling + Azerbaijan + Georgia + Turkey operations** <sup>[1][1], [2][2]</sup>:
- **Pasha Bank OJSC** since 2007 Pasha Bank OJSC founded by Pasha Holding + 2014 Pasha Bank Mobile Banking app launch + 2014 Pasha Yatırım Bank Turkey subsidiary + 2017 Pasha Bank Georgia subsidiary.
- **CBAR regulated**.

## Sources

[1]: https://www.pashabank.az/ "Pasha Bank — official"
[2]: https://en.wikipedia.org/wiki/Pasha_Bank "Pasha Bank — Wikipedia"
[az-cro]: https://docs.barcoder.ai/docs/payments/AZ

- [1] [Pasha Bank — official][1]
- [2] [Pasha Bank — Wikipedia][2]
- <sup>[Azerbaijan report](https://docs.barcoder.ai/docs/payments/AZ)</sup> In-corpus: `reports/countries/AZ-azerbaijan.md`

## Source

Biography extracted from [pasha-bank.md](https://docs.barcoder.ai/source/wallets/pasha-bank). See `matrix.md` for standards-support matrix if present.