Volume of IBA Deposits Exceeded 1 bn USD
OREANDA-NEWS. November 16, 2011. The volume of deposits of population in the International Bank of Azerbaijan (IBA) by the beginning of October is 1.125 billion US dollars, according to a press release of the bank, reported the press-centre of IBA.
The IBA has attracted deposits of 128 million manats for January-September.
IBA was founded in 1992 and is the largest bank in Azerbaijan. Its authorized capital stock is 240 million manats. Currently, 50.2% interest in capital stock of the bank belongs to the state, 49.8% interest belongs to private shareholders. In general, IBA shareholders are 14 legal persona and 1556 natural persons.
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