OREANDA-NEWS. February 13, 2013. Assets of the International Bank of Azerbaijan increased by 17,5% last year and reached 5,891 billion manats, reported the press-centre of IBA.

Respective information thereof was announced by the press service of the Bank.

Credit portfolio of the Bank, in year comparison, increased by 22,2% and reached 3,856 billion manats as of 1 January 2013. Loans issued to natural persons were amounted to 436,2 million manats.

Total capital of the Bank increased by 40,4 % within a year and reached 720 million manats. authorized capital stock Volume of chartered capital of the International Bank of Azerbaijan increased by 37,8 and amounted to 330,8 million manats.

The Bank’s Return on Assets (ROA) was 0,82% for the end of 2012 and Return on Equity was amounted to 9,21%. For comparison, those indicators as of 1 January 2012 were equal to 0,51% and 3,52% respectively.

It should be marked that the International Bank of Azerbaijan has been founded in 1992. The 50,2% of the Bank’s shares belongs to the State and 49,8% is in the ownership of legal and natural persons.