Finance

Finance

IBA marks 20th anniversary

11 January 2012 15:04 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. On January 10, 2012, the International Bank of Azerbaijan has marked the 20th anniversary of the foundation. Over the past 20 years, the bank became the largest financial institution not only in the country, but also in the South Caucasus. It established a number of major subsidiaries.

The group of companies includes Azericard Processing Center serving 28 banks, International Insurance Company, IBA-Moscow, which will celebrate tenth anniversary this year. Moreover, the bank is one of founders of the Joint leasing Company. The bank has representative offices in Frankfurt, London, Dubai, Luxembourg and New York.

IBA is the holder of the highest ratings from international rating agencies. For 20 years, the Bank became the winner of multiple prestigious awards from various international institutions and publications.

Today, IBA â€“ itâ€™s more than 1,200 professionals working in 37 branches across the country, serving more than 800 thousand individuals and more than 14 thousand corporate clients.

Note that, in connection with the 20th anniversary, the bank plans to hold several socially-oriented activities this year.