Bank Of Baku

Global Finance chooses International Bank of Azerbaijan as Best Emerging Market Bank

Global Finance chooses International Bank of Azerbaijan as Best Emerging Market Bank
# 08 April 2009 09:00 (UTC +04:00)
Baku. Vugar Israfilov – APA-Economics. Global Finance magazine has announced itsannual awards for the Best Banks in Emerging Markets.
Global Finance editors - with input from industry analysts, corporate executives and banking consultants - selected the best emerging market banks in accordance with growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.
International Bank of Azerbaijan was recognized as the Best Bank in Azerbaijan for the eighth time in a row since 2002.
As at 2008-end, International Bank of Azerbaijan’s assets stood at AZN 4 369.75 million, loan portfolio at AZN 2 925.87 million and profit at AZN 85 466 760.
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