Customer Deposits in IBA Demonstrated 30% Growth
OREANDA-NEWS. November 08, 2012. Deposits of individual customers of the International Bank of Azerbaijan (IBA) reached AZN1,129 million, reported the press-centre of IBA.
As communicated by the IBA, deposits of individual customers amounted AZN969 million as of the January, 1st, 2012. Thus the growth rate of the deposits during last 9 months reached 16.5% (30.3% growth during last 12 months).
The total deposit portfolio of IBA has demonstrated a growth of 21% during last 12 months and reached AZN2,708 million as of the October 1st, 2012 (7.9% growth during last 9 months).
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