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IBA increases attention to retail banking sphere

IBA increases attention to retail banking sphere

01 December 2011 14:35 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. International Bank of Azerbaijan wil increase the attention to retail banking sphere for involving of cash from local market, said the chairman of Board of Directors Jahangir Hajiyev.

According to him, certain problems have been created in involving of financial funds from European banks and this is related to decrease of liquidity in those financial sources:â€IBA intends to extend the retail products for involving of cash from local market. For example, Gold Depositâ€.

Remind that, IBA has been in operation since 1992.

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