Bank Of Baku

IBA increases deposit on “Gold Deposit” program by 2.2 times

<b>IBA increases deposit on “Gold Deposit” program by 2.2 times</b>
# 09 March 2012 14:06 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. International Bank of Azerbaijan has increased the deposits on “Gold Deposit” Program by 2.2 times to AZN 1.2 mln, number of deposits – by 33.3% to 44.

Bank says it has started to present this program since November, 2011.

Minimum volume of this deposit must be 1 ounce (31.1 gr). Term can be from 3 months to 12 months. Interest payments are conducted at the end of the period.

For more information enter the www.ibar.az site or call (+994 12) 437 79 00 or *2265 numbers.
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