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CSR Activity - 2024 Year

PASHA Bank Supports the Development and Popularization of Chess in Georgia 

November 6, 2024, Tbilisi, Georgia

Today, PASHA Bank and the Georgian Chess Federation signed a partnership agreement. The signing ceremony took place at the PASHA Bank Georgia headquarters, attended by PASHA Bank's CEO, Ramil Imamov, the President of the Chess Federation, Akaki Iashvili, as well as representatives of the bank and federation.

Supporting the development and popularization of chess is one of the main initiatives of the bank’s corporate social responsibility program this year. The goal of this partnership is to improve chess education standards and methods, foster the development of young chess players, and generally promote chess among children and teenagers.

“Corporate social responsibility is an integral part of our work. PASHA Bank has been operating in Georgia for 11 years, and during this period, we have supported and initiated numerous projects aimed at environmental protection and educational advancement. Chess holds a special place in Georgian culture with its rich traditions and history of success. We want to encourage the continuation of this tradition in new generations and support Georgia's success on the international stage," stated PASHA Bank Georgia's CEO, Ramil Imamov.

"The development of chess relies significantly on aligning educational methods with international standards and creating suitable infrastructure for younger generations. Our partnership with PASHA Bank will help us achieve our goals more quickly and effectively. Georgia holds an important place on the world chess map, and this position requires nurturing," said Akaki Iashvili, President of the Georgian Chess Federation.

PASHA Bank has been operating in Georgia for 11 years, offering a full spectrum of corporate banking services to businesses. It is part of PASHA Holding, one of the largest Azerbaijani holdings in the region. PASHA Bank operates in three countries: Azerbaijan, Georgia, and Turkey, and is a strong financial partner for businesses across the region.