Bank Of Baku

International Bank of Azerbaijan accomplishes unique $145 million deal

International Bank of Azerbaijan accomplishes unique $145 million deal
# 03 August 2012 14:16 (UTC +04:00)
The loan was realized together with one of the world’s leading financial institution – Credit Suisse International (“CS”), acting as a lender.

Being the largest and systemic bank in the host country, IBA accomplished a literally unique deal, as none of financial institutions in the banking system in Azerbaijan attracted a bilateral loan for such a long period so far.

It should be noted that the cooperation with CS have been successfully continuing over the last several years. For instance, above-mentioned bank in 2010 did organized for IBA two syndicated loans that in total accounted for the amount of $211 million.

As a result, IBA keeps on following the strategy aimed to expand its activity on world’s financial markets.
1 2 3 4 5 İDMAN XƏBƏR
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THE OPERATION IS BEING PERFORMED