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IBAâ€™s assets to make AZN 5-6 bn this year

<b>IBAâ€™s assets to make AZN 5-6 bn this year </b>

28 June 2012 09:03 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. By the end of 2011, total assets of IBA are forecasted to hit AZN 5-6 bn, board chairman of the bank Jahangir Hajiyev told APA.

To him, it is early to speak about other indicators yet. Because international audit report of the bank will be published in the coming days and thereupon it will be possible to predict on any number.

Note that, as of April 1, 2012, the volume of IBAâ€™s assets made AZN 5.229 bn, loan portfolio â€“ AZN 3.120 bn, deposit portfolio â€“ AZN 2.763 bn, total capital â€“ AZN 419.286 mln, authorized capital â€“ AZN 240 mln, incomes â€“ AZN 91.643 mln, expenses â€“ AZN 84.561 mln, profit â€“ AZN 7.082 mln.

IBA has been in operation since 1992.

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