Baku. Nijat Mustafayev – APA-Economics. The adequacy coefficient of capital of International Bank of Azerbaijan makes 12%, the chairman of IBA’s Board Jahangir Hajiyev told APA.
According to him, bank’s capital availability exceeds 30%. Generally, bank needs to increase authorized capital.
IBA has been in operation since 1992. The state’s equity in bank’s authorized capital makes 50.2%. The bank operates 37 branches.
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