OREANDA-NEWS. January 17, 2012. The International Bank of Azerbaijan (IBA) has marked the 20th anniversary of the foundation, according to the communication of the Bank, reported the press-centre of IBA.

Over the past 20 years, the Bank became the largest financial institution not only in the country, but also in the South Caucasus, occupying a strong position in the market. It established a number of major, successful subsidiaries. It founded a network of subsidiary banks and representations abroad.

So, the group of IBA companies includes: "Azericard" Processing Center serving 28 banks, International Insurance Company, "IBA-Moscow" with branches in Moscow, St.Petersburg and Yekaterinburg which will celebrate tenth anniversary this year, "International Bank of Azerbaijan-Georgia". Moreover, IBA is one of founders of the Joint Leasing Company. The Bank has representative offices in Frankfurt, London, Dubai, Luxembourg and New York.

IBA is the holder of the highest ratings from international rating agencies. For 20 years, the Bank became the winner of multiple prestigious awards from various international institutions and publications.

Today, the International Bank of Azerbaijan – it’s more than 1200 professionals working in 37 branches across the country, serving more than 800 thousand individuals and more than 14 thousand corporate clients.

Note that, in connection with the 20th anniversary of IBA foundation, the Bank plans to hold several socially-oriented activities in various spheres this year.