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Assets of St. Petersburg branch of IBA-Moscow rose 35% year-on-year

30 August 2012 09:49 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. The assets of the St. Petersburg branch of Bank IBA-Moscow as of July 1, 2012, amounted to 3,036.3 mln rubles (AZN 73.8 mln) with an increase against the 2011 same term by 34.6%.

The IBA OJSC press service reports that as of July 1, 2012, the branchâ€™s loan portfolio totaled 2.394.6 mln rubles (AZN 58.2 mln). The growth of this indicator versus the 2011 same termâ€™s index was 40.7%. The rise of the deposit portfolio on an annualized basis was 46.6% - 555.5 million rubles (AZN 13.5 mln).

For the reported period the branch attracted 230 corporate clients, and today it serves more than 835 active corporate clients.

There was also observed an active dynamics on money transfers, foreign exchange transactions, international payments, and work with own securities. During the reporting period the branch issued 1,076 plastic cards.

Opening of the first IBA-Moscow branch in St. Petersburg was held in 2003. It plans to launch new branch with 3 service offices and 2 new offices in different places of the city.