Azerbaijani Ministry of Finance: IBA Operates Properly
OREANDA-NEWS. December 06, 2010. The Ministry of Finance of Azerbaijan informed that it is satisfied with the activities of the International Bank of Azerbaijan, reported the press-centre of IBA.
As declared today by the Deputy Minister of Finance, Chairman of the Supervisory Board of IBA, Azer Bayramov, the bank operates properly and all related issues are considered.
Today, IBA announced that its net profit as of October 1 reached 40171.85 ths. manats with profit 280152.23 ths. manats and expenditures 184869.26 ths. manats. As of the reported date the bank had 986979 customers, including 956816 individuals and 30163 corporate clients.
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