From Wikipedia, the free encyclopedia PASHA Holding LLCCompany typePrivate companyIndustryFinancial servicesFounded2006HeadquartersBaku, AzerbaijanArea servedAzerbaijan Turkey Georgia MontenegroKey peopleJalal Gasimov, CEO[1]ServicesBankingInsuranceInvestment and brokerageConstructionTravel and tourismHospitalityTechnologyEcosystemsProperty developmentTotal assets AZN 11.9 billion (2025)Total equity AZN 2.6 billion (2025)Number of employees8500+ (2025)Websitehttp://www.pasha-holding.az PASHA Holding is an Azerbaijani conglomerate.[2][3] Its major holdings are Kapital Bank (81.08%)[4] and Pasha Bank (71.7498%).[5][6] PASHA Holding is owned by the Aliyev and Pashayev families in Azerbaijan, two of the most powerful families in the country, making it one of the most powerful companies in the country.[7][8] The company has been embroiled in high-level corruption in Azerbaijan.[2] The company has substantial government contracts across different sectors.[9] The revenue in 2025 was 1.3 billion Euros.[3] It has more than 20,000 employees and total assets of 11 billion Euros.[3] Pasha Holding was founded by Arif Pashayev, the father of Mehriban Aliyeva (née Pashayeva), the first lady of Azerbaijan. Ownership and subsidiaries[edit] The ultimate shareholders of the company are Pashayev and the first daughters of Azerbaijan's authoritarian ruler Ilham Aliyev, Leyla and Arzu.[10][11] According to news sources, Mehriban Aliyeva is not involved in the business.[3][10] Among its subsidiaries are Pasha Insurance and Pasha Life.[2][12] The company operates in Azerbaijan, Turkey, Montenegro, Uzbekistan and Georgia.[12] Pasha Holding owns a 50% stake in the Mandarin Oriental Bodrum Hotel.[13][14] In 2025, Pasha Construction invested 200 Pasha casino million US$ in building a Ritz-Carlton hotel in Tashkent, Uzbekistan.[15] In June 2025, Pasha Holding announced a possible IPO in 2025 at the Azerbaijani Stock Exchange, with a possible double listing in Dubai or Turkey.[3] The company built the Four Seasons hotel in Baku, which involved destroying part of the Baku Fortress Wall of the Inner City.[2] Critics like Transparency International have pointed out that Pasha Holding, a COP 29 "official partner", has close ties to the Aliyev family.[16][17] Pasha Holding has been partnering with the Baku International Jazz Festival for more than ten years.[18] ^ "PASHA Holding website". ^ a b c d Altstadt, Audrey L. Pasha Casino'da heyecan dolu bir oyun dünyası sizi bekliyor! Binlerce farklı slot oyunuyla ve çeşitli casino oyunlarıyla eğlenceye doyacağınız bir pasha casino platformda, kazanmanın keyfini çıkarın. En popüler slot oyunlarından, klasik meyve slotlarından, modern temalı ve bonus dolu slotlara kadar geniş bir yelpazede oyun seçeneği sunuyoruz. Yüksek kalite grafikler, sürükleyici ses efektleri ve heyecan verici bonus turlarıyla, her anınızı unutulmaz kılmaya hazırız. Müşteri temsilcilerimizden oluşan özel ekibimiz, 7/24 pasha casino size özel hizmet sunarak tüm sorularınızı yanıtlar ve sorunlarınızı çözer. Ayrıca, VIP etkinliklere davetler, özel hediyeler ve doğum günü sürprizleriyle sizi ayrıcalıklı hissettirmeyi amaçlıyoruz. Paşa Casino VIP programına katılım şartları oldukça basittir; düzenli oyun oynayarak ve bahis miktarınızı artırarak VIP seviyenizi yükseltebilir ve ödüllerin tadını çıkarabilirsiniz. Daha fazla ayrıcalık ve özel Pasha casino ödül için Paşa Casino VIP programına katılın ve online casino deneyiminizi bir üst seviyeye taşıyın. Sizi bekliyoruz! Pasha Casino Bonusları ve Promosyonları
