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Foreign monetary assets coming to International Bank of Azerbaijan exceed 1 billion dollar

Foreign monetary assets coming to International Bank of Azerbaijan exceed 1 billion dollar

26 June 2012 09:47 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Foreign monetary assets coming to International Bank of Azerbaijan exceeded 1 billion USD, the chairman of bankâ€™s administrative personal Jahangir Hajiyev told APA-Economics.

Hajiyev said that monetary assets consist of subordinated, syndicated and other credit cash assets.

He said that the long and short term credits are realized in different state economic fields.

International Bank of Azerbaijan is the biggest credit organization established in Azerbaijan that has been working since 1992. The state-run shares makes 50, 2 % in the statutes of International Bank. 40% of shares belong to private property, 10% to the bankâ€™s staff.

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