The FINANCIAL — PASHA Bank, a full service corporate bank, was the general sponsor of the 9th International Festival – Nana Alexandria Cup – 2014. Out of the 9 years of Festival’s history, Pasha Bank has been the largest sponsor of the Festival.
The 9th Poti International Chess Festival Nana Alexandria Cup – 2014 was held from the 12-20 July. The Festival was established in 2006 by the local government. It consists of ten events, including both child and professional competitions. A total of 380 participants from eight countries participated in the Festival in 2013. This year the Festival brought together nearly 400 players from 9 countries, these included Georgia, Azerbaijan, Iran, Israel, Jordan, Kazakhstan, Turkey, Russia and Armenia.
“PASHA Bank is investing a fairly solid fund in sponsoring various events, especially those linked to intellectual performance. There are various challenges that the changing world offers up to us. Accordingly, investing in human resources is the best investment for the success of both companies and countries. Our support of this important festival is aligned with our strategy to contribute to the further development and popularity of the most intellectual sport. Georgia has a big history of chess. The country has produced world-famous chess players that have played a significant role in the history of this sport,” said Shahin Mammadov, CEO at PASHA Bank Georgia.
“By engaging young children in such activities as chess, we are actively contributing to the development of academic and life skills in these youngsters, who are our future talent base,” said Mammadov.
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