Baku. Vahab Rzayev – APA-Economics. As of end of the first quarter, the deposit portfolio of the International Bank of Azerbaijan made AZN 2.763 bln, up 45% from year earlier.
Bank says population’s deposits were equal to AZN 990.8 mln, up 34.1% in comparison to a year earlier.
Of this, AZN 220 mln was demand deposits, AZN 770.8 mln – term deposits.
Note that, IBA has been in operation since 1992.
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