ROA and ROE of IBA Total 0,7% and 5,3% Respectively
OREANDA-NEWS. October 23, 2009. Growth of financial performance of the International Bank of Azerbaijan (IBA) for Jan-Sept 2009 had impact on the indicators of return on assets (ROA) and return on equity (ROE), reported the press-centre of IBA.
The IBA reports that for the last 9 months Bank’s ROA and ROE made up 0.7% and 5.3% respectively.
Today the IBA has the largest charter capital in the country.
“This year our charter capital has increased up to AZN 200 million or US248.9 million,” the Bank reported.
As of 1st October 2009 IBA’s overall capital was at the level of AZN 452.1 million (US 562.7 million).
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