IBA Return on Assets & Equity Made 1,27% & 12,34% Respectively
OREANDA-NEWS. July 28, 2008. Following the first half of 2008 the International Bank of Azerbaijan (IBA) financial indicators influenced Return On Assets (ROA) and Return On Equity (ROE), reported the press-centre of IBA.
IBA has informed for the 1st half of 2008 ROA totaled 1,27% (0,68 by April 1, 2008, 2,49% for the whole 2007, 1,86% for nine months of 2007, and 1,18% for the first half-year) and ROE totaled 12,33% (6,8%, 23,29%, 18,47% and 12,45% respectively).
At present IBA goes on keeping the position of the most capitalized country’s bank.
“By July 1, 2008 Bank’s charter capital was paid by AZN 100 million or US123,2 million,” the IBA informed.
Bank’s overall capital totaled AZN 270,645 million versus AZN 291,851 million by April 1, 2008 and AZN 212,328 million by July 1, 2007.
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