Net Profit of International Bank of Azerbaijan Increased in 1Q
OREANDA-NEWS. May 16, 2012. As at the end of the first quarter of 2012, the net profit of IBA has increased by 7.2% since first quarter of 2011 thus reaching AZN7.082 million, reported the press-centre of IBA.
As IBA’s press service communicated, the income of the bank increased by 8.3% compared to the same figure as at the end of the first quarter of 2011 and reached AZN91.643 million on the 1st April, 2012.
RoA reached 0.14% (0.03% as on the 1st of April 2011) and RoA increased up to 1.77% (0.25% as on the 1st of April 2011).
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