Bank Of Baku

IBA-Moscow’s Yekaterinburg branch sees 50% rise in assets

<b>IBA-Moscow’s Yekaterinburg branch sees 50% rise in assets </b>
# 15 August 2012 11:09 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of July 1, 2012, the assets of IBA-Moscow’s Yekaterinburg branch rose 50.2% to RR 1,490.5 (AZN 37.3 mln), said IBA (International Bank of Azerbaijan) press service.

The balance profit on first half of this year rose 98.2% to RR 51.2 (AZN 1.280 mln).

Loan portfolio made RR 1,268.7 mln (AZN 31.7 mln), up 39% from year earlier. Of this, RR 1,214.1 mln (AZN 30.353 mln) belonged to legal entities and private entrepreneurs, RR 54.6 mln (AZN 1.365 mln) – tyo individuals. Small and medium business crediting rose 25% to RR 615 mln (AZN 15.4 mln).

The branch has paid RR 6 mln (AZN 150,000) as interest on individuals’ deposits.

Note that, Yekaterinburg branch has been in operation since 2005.






1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED