Description

PASHA Yatirim Bankasi A.Ş is a bank registered in Turkey.[287] It is the Turkish branch of OJSC PASHA Bank, an Azerbaijan-headquartered banking group.[280] [1380] [525] In 2021, PASHA Yatirim Bankasi‘s largest shareholder was PASHA Bank Azerbaijan, which owned 50.96%.[1380] [280] [285] The second largest shareholder was PASHA Holding LLC with 49%, followed by “others” with 0.04%.[1380] [280] [285] Based on these percentages, the Aliyeva sisters beneficially owned 35.98% each, while Arif Pashayev, father of Vice President Mehriban Aliyeva, beneficially owned 17.65%, and his nephew Mir Jamal Pashayev beneficially owned 10.35%.[1380] [280] [285]

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