Assets of International Bank of Azerbaijan Reaches USD 6 bln
OREANDA-NEWS. October 15, 2009. Level of assets of the largest Azerbaijani bank – the International Bank of Azerbaijan (IBA) reached mark at USD 6 bn (exchange rate over reporting period AZN 0.8034 for US dollar).
The bank informed that total assets of IBA made up AZN 4.758 bn (USD 5.9 bn).
In structure of assets share of loan portfolio of the bank totaled 75.5% with portfolio in the amount of AZN 3.596 bn, including portfolio of consumer loan to the sum of AZN 345.947 million.
By 1st October, depositary base of IBA totaled AZN 1.94 bn (among them AZN 508.092 million of individuals’ deposits, including demand deposits to the sum of AZN 151.582 million and long-term deposits in the amount of AZN 356.510 million).
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