Bank Of Baku

IBA-Georgia gets 82% rise in assets

<b>IBA-Georgia gets 82% rise in assets</b>
# 21 May 2012 14:47 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of April 1, 2012, the assets of the International Bank of Azerbaijan - Georgia made 92.5 mln laris (AZN 44 mln), up 82.4% from year earlier.

IBA press service says the loan portfolio doubled to 75.5 mln laris (AZN 35.9 mln).

Deposit portfolio also doubled to 47.4 mln laris (AZN 22.5 mln). Income stood at 3.8 mln laris (AZN 1.8 mln), up 2.7 times from a year ago. Number of clients rose 63.52% to 1,308.

Note that, founders of IBA-Georgia are International Bank of Azerbaijan (75%), Azerbaijan Industry Bank (12.5%) and an individual (12.5%). Authorized capital is 22.7 laris (AZN 10.8 mln).
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED