OREANDA-NEWS. May 12, 2010. Following the results of the first quarter of 2010, the revenue of the "International Bank of Azerbaijan" (IBA) amounted to 86,712.67 thousand manats (USD 107,932.12 thousand), reported the press-centre of IBA.

According to the information given to "Fineko/abc.az" by the Bank, the Bank's first quarter expenses were at the level of 67.372 million manats (USD 83.85 million).

"As of April 1st, IBA gained 14,517.28 thousand manats of net profit (USD 18,069.803 thousand at the closing exchange rate of 0.8034 manats per 1 US dollar)", the Bank reports.

As of April 1, the volume of Bank's assets were over USD 6.5 billion.