OREANDA-NEWS. August 19, 2014. Assets of the Saint-Petersburg branch of IBA-Moscow, a subsidiary of the International Bank of Azerbaijan (IBA) in Russia, reached 5.4 billion Roubles by the end of the 1st half-year, having increased by 19.8% during the last year.

According to the information received by Trend from the International Bank of Azerbaijan’s press service, by the end of the reporting quarter, the credit portfolio made up 3.9 billion Roubles, which is by 13.1% greater than the corresponding period of the past year. Revenues on interests made up 73.2 million rouble, having increased by 33.1%.

The Branch’s deposit portfolio made up 1.549 billion, having increased by 79.6% in the last one year. By July 1, the Branch had 23 ATMs and 149 POS-terminals.

It should be noted that IBA-Moscow’s Saint Petersburg Branch started its activity in 2003. At the moment, 3 full-functioning offices are operating in the city. In September this year, opening of another office is expected in Nevski district of Saint Petersburg.