Bank Of Baku

IBA-Georgia sees 57% rise in assets

IBA-Georgia sees 57% rise in assets
# 16 May 2013 13:00 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. As of April 1, 2013, assets IBA-Georgia (a amounted to 144.9 million laris (AZN 69.552 million), up 56.7% compared to last year, the IBA told APA-Economics.

 

During the reporting period, loan portfolio increased by 50.3% to 113.5 million laris (AZN 54.480 mln) and deposit portfolio - by 85.6%, to 106.6 million lari (AZN 51,168 mln) .

 

Net profit increased by 199.3% compared to last year. The authorized capital totaled 22.7 mln laris (AZN 10,896 mln)

 

The number of legal and individual clients of the bank increased by 55.9% and reached 1,792 as of April 1. .

 

 

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