IBA Diversified Approaches to Branches for Sake of Retail Trade
OREANDA-NEWS. June 26, 2013. The International Bank of Azerbaijan has diversified activities of its branch network. IBA deputy chairman of board Emil Mustafayev says that the bank has different approaches to its branches.
"We have central offices, which are aimed at corporate clients, and has regional offices, the main activity of which is associated with retail operations," Mustafayev said.
This approach allows the Bank to develop actively consumer lending.
"In general, IBA consumer lending is substantial if to compare with indices of other banks, but it is minor against the level of corporate lending of the Bank itself. The main focus of our business is corporate lending, but we will continue the development of consumer lending," Mustafayev added.
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