OREANDA-NEWS. July 31, 2013. Assets of OJSC International Bank of Azerbaijan Republic (IBAR) raised for one year by 24.8, amounting AZN 6.42 bn. as for 1 1 July.

Press service of the bank informs that loan portfolio of IBAR increased versus fist half-year 2012 by 31.2% and as for 1 July made AZN 4.473 bn. Loans granted to individuals reached AZN 518.8 bn.

People’s deposits in the bank as for results of I half-year 2013 made AZN 1.482 bn. Their growth was 40.7% versus 1 July 2012.

Aggregate capital of the bank reached AZN 765.56 million, which exceeds the index for 1 July 2012 by 61.4%. The bank’s authorized capital for the year reached up to AZN 340 million.

In accordance with results for I half-year 2013 the bank’s net profit amounted AZN 24.3 million, by growing versus the existing index for  half-year 2012 by 44.6%.

For the end of half-year 2013 ROA rate amounted 0.38%, ROE rates amounted 4.31% against 0.34% and 3.90% as for 1 July 2012.