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      Scope assigns a first-time public issuer rating of B- to Pasha Bank Georgia. Outlook is Stable

      18/7/2024 Rating announcement EN

      Scope assigns a first-time public issuer rating of B- to Pasha Bank Georgia. Outlook is Stable

      The issuer rating factors the bank's ongoing initiatives to improve financial performance and asset quality by refocusing on corporate and investment banking. Capital and funding remain tight in this context.