consolidation

PASHA Bank Has No Plans to Buy Banks, Focuses on Azerbaijan-Turkey-Georgia Trade

PASHA Bank Deputy Chairman Bahruz Naghiyev said the bank has no plans to acquire local or foreign banks. Its main strategy is financing trade between Azerbaijan, Turkey and Georgia.

Azerbaijan's Banking Sector Enters an Era of Consolidation and Regional Expansion

Two major deals in 2026 are reshaping Azerbaijan's banking sector: ABB enters the Uzbek market by acquiring Davr Bank, while Bank Respublika absorbs AccessBank, creating an entity with assets of around 4.5 billion manats.

Crypto Market Sees Wave of Closures Comparable to Dot-Com Crash

In 2026, more than 100 crypto projects ceased to exist, reflecting the industry's shift toward consolidation and maturity.