Volume of IBA Assets Exceeded 5,2 bln Manats
OREANDA-NEWS. May 11, 2010. The volume of assets of the "International Bank of Azerbaijan" (IBA) totaled 5 billion 256 million 950.09 thousand mantas, reported the press-centre of IBA.
According to the information given to "1news.az" by IBA, as of the accounting date, the Bank's credit portfolio amounted to 3 billion 940 million 918.69 thousand manats, that accounts for 75% of total assets.
As of April 1st, the IBA's deposit portfolio was equal to 1 billion 984 million 853.25 thousand manats, of which the share of deposits from individual clients accounted for 401 million 038.14 thousand manats, including on-demand deposits for the amount of 1 billion 050 million 691.78 thousand manats.
IBA's revenue was equal to 86 million 712.67 thousand manats, expenses - 67 million 372 thousand manats. As of April 1st, the IBA's net profit amounted to 14 million 517.28 thousand manats.
Following the results of performance in the first quarter, the Bank's authorized capital amounted to 240 million manats, the volume of aggregate capital - 472 million 513.92 thousand manats. Thus, the profitability of assets (Return on Assets, ROA) constituted 0.37%, while the profitability of capital (Return on Equity, ROE) - 3.13%.
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