Bank Of Baku

Decrease of IBA’s assets relates to repayment of external debts

Decrease of IBA’s assets relates to repayment of external debts
# 01 December 2011 14:13 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. International Bank of Azerbaijan has assets not only in Azerbaijan, but in foreign countries (excluding representations): “Decrease of bank’s assets may be related to repayment of bank’s external debts”, said the chairman of Board of directors Jahangir Hajiyev.

Remind that, IBA has been in operation since 1992.
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