OREANDA-NEWS. January 14, 2010. Subsidiary subdivision of the International Bank of Azerbaijan – Moscow in Russia (IBA-Moscow) LLC achieved success again.

IBA-Moscow informed that the Russian Federal Customs Service (RFCS) entered the bank in the register of the banks and other loan organizations, having the right to issue bank guarantees of customs charges payment.

According to the order №2447 of RFCS on 30.12.2009 for IBA-Moscow possible sum of one bank guarantee totals 35 million roubles and sum of functioning simultaneously bank guarantees makes 170 million roubles.