IBA-Moscow strengthens position in Russian banks’ ranking

IBA-Moscow strengthens position in Russian banks’ ranking
# 21 February 2013 08:58 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. The International Bank of Azerbaijan’s subsidiary in Russia IBA-Moscow took 134th place in the ranking of Russian banks by RBC Agency for net assets in 2012.

APA-Economic says as of January 1 2013, the bank’s net assets stood at 26,620 mln rubles (AZN 692.1 mln), up 18.4% from 2011.

Leader of the ranking is Sberbank with the assets in amount of 13,823 bn rubles (AZN 359.4 bn). The second place was occupied by VTB (4.221 bn rubles - AZN 110 bn).

At the same time, on loan portfolio IBA-Moscow ranked 136th with 12,749 mln rubles (AZN 331.5 mln); on deposit portfolio it ranked 219th with 8,153 mln rubles (AZN 212 mln).

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