PASHA Holding

One of Azerbaijan’s largest private holdings, with assets in finance, real estate and services.

Official website ↗Ask FinFly

KEY FACTS

Sector: Holdings
Materials on FinFly: 7
Covered since: August 19, 2026
Latest story: October 10, 2026
Official source: pasha-holding.az/en

Company connections

PASHA Holding → Birbank

Birbank appears in PASHA Holding’s official portfolio. No ownership percentage is asserted.

Source checked: 2026-09-08 · Primary source ↗

PASHA Holding → · Birbank →

PASHA Holding → m10

m10 appears in PASHA Holding’s official portfolio. No ownership percentage is asserted.

Source checked: 2026-09-08 · Primary source ↗

PASHA Holding → · m10 →

PASHA Holding → PASHA Bank

PASHA Bank appears in PASHA Holding’s official portfolio. No ownership percentage is asserted.

Source checked: 2026-09-08 · Primary source ↗

PASHA Holding → · PASHA Bank →

PASHA Holding → PASHA Insurance

PASHA Insurance appears in PASHA Holding’s official portfolio. No ownership percentage is asserted.

Source checked: 2026-09-08 · Primary source ↗

PASHA Holding → · PASHA Insurance →

Connections are dated to their sources. Co-mention does not imply ownership or partnership.

THE TIMELINE

Everything FinFly reported

Mentioned in body

Economy · October 10, 2026

Tamar Ventures Completes State Registration in Azerbaijan

A joint venture between Azerbaijan's Innovation and Digital Development Agency and Kazakhstan's White Hill Capital has been registered with authorized capital of $1 million.

Mentioned in body

Economy · October 9, 2026

Kapital Bank Raises 50 Million Manats from Foreign Investor via Bonds on Baku Exchange

Kapital Bank has placed 50 million manats in bonds on the Baku Stock Exchange through a private placement with a foreign institutional investor. This is the bank's first deal to attract funding from a foreign bank through bonds denominated in the national currency.

In headline / lead

Economy · October 2, 2026

PASHA Holding CEO Identifies Critical Thinking and Capital Markets as Regional Priorities

Jalal Gasimov, speaking at the CAMCA-2026 forum, emphasized the need to develop critical thinking amid AI adoption and to integrate regional capital markets.

In headline / lead

Economy · October 1, 2026

PASHA Holding seeks startups across the region to meet its companies' needs

PASHA Holding selects startups from the region for specific tasks of its portfolio companies, and successful pilots are scaled within the group. Venture fund INMerge VC has made six investments since January.

Mentioned in body

Economy · September 5, 2026

Azerbaijani Business in Foreign Markets: FinFly Ranking Based on Open Data

Four Azerbaijan-born billionaires in the Forbes 2026 list hold a combined $41.4 billion, but their businesses operate entirely in Russia. FinFly separates Azerbaijani-origin capital from Azerbaijani companies abroad and identifies who truly expands business beyond the country.

In headline / lead

IT · September 3, 2026

PASHA Holding and Holberton School Azerbaijan: Year in Review in IT Training

PASHA Holding continues to support Holberton School Azerbaijan: 249 students study under the scholarship program, 224 graduates completed the Generative AI course, and 6 hackathons were held.

In headline / lead

Blogs · August 19, 2026