USD 1.7

Baku 26 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

IBA attracts long-term loan from the Central Bank

<b>IBA attracts long-term loan from the Central Bank </b>

15 February 2012 13:20 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. According to the information provided by the press-service of International Bank of Azerbaijan, the Bank has attracted AZN 150 mln subordinated loan from the Central Bank of Azerbaijan Republic for a period of 5 years. Special subordinated loan according to â€œBankâ€™s Capital and its Adequacy Proceduresâ€ will count into Tier I Capital.

Thus, International Bank of Azerbaijan would be able to improve its capitalization and liquidity position making use of long term funding from the government.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED