SWAP

PASHA Bank SWAP can be used by large enterprises, as well as medium and small enterprises with annual turnover exceeding one million GEL, or with a potential to achieve this figure in the near future.

SWAP contract enables the parties to exchange one type of asset or a revenue stream for the other depending on the unique circumstances. For instance, interest-rate SWAP contract might stipulate that a party holding security with a fixed return to receive a variable return on another security, provided holder of the variable return security has entered other side of the contract.