Assets of Intl Bank of Azerbaijan Reached USD 6.5 bn
OREANDA-NEWS. April 30, 2010. The level of assets of the largest Azerbaijani bank – the International Bank of Azerbaijan (IBA) reached USD 6.5 bn (exchange rate for reported period: AZN 0.8034 to the US dollar).
The Bank informs that its total assets made up AZN 5.256 bn (USD 6.5 bn) for the first quarter of 2010.
In structure of assets the share of Bank’s loan portfolio totaled 75% with portfolio in the amount of AZN 3.9 bn, including portfolio.
By 1st April, IBA’s deposit base totaled AZN 1.98 bn (of them AZN 401.038 million of retail deposits, including demand deposits for AZN 1.05 bn).
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