The beginning of 2020 was sadly marked by the outbreak of a global pandemic COVID-19, which is having a very negative impact on the world economy. Consequently, many companies had to take hard decisions regarding their employees. PASHA Bank and Re|Bank share their position on this topic with PASHA Holding, a large Azerbaijani investment group, which they are part of. During the recent online call the CEO of the company, Mr. Arda Arkun, addressed the employees of PASHA Bank and Re|Bank to assure everyone that in 2020 the Bank will not have any redundancies due to only COVID-19 and underlined that the company plans to be a long-term successful player in Georgian market and thus will need to gain and retain competent personnel.

Mr. Arkun thanked the employees who work at the branches as well as the ones working distantly, ensuring flawless processes, and providing the clients with all necessary services.

“It is very important at this time to ensure full service for the corporate and SME clients of PASHA Bank as well as the retail clientele of Re|Bank. Quality has always been one of our core brand values and I am happy to observe our team handling this crisis in such a professional way. Once again we saw the importance of having the right people and processes in place,” – Mr. Arkun cited.

The employees of PASHA Bank and Re|Bank were also addressed by the CEO of PASHA Holding, Mr. Jalal Gasimov: “In these difficult times for our countries, I call on each of you to stick to our responsibilities, adhere to the governments’ recommendations, follow self-isolation and social distancing and support our countries in saving as many lives as possible. Please remember that we shall, hopefully, be able to bring back our economies to their normal pace once we are out of this dire crisis but bringing lost lives will not be possible. As the PASHA Holding family, we will do our best in order to preserve economic stability both for our countries and for our employees. We have pledged not to allow any job cuts in 2020 in PASHA Holding and its subsidiaries and have continued to pay full salaries to all our employees.”