Bank Of Baku

IBA-Georgia increases profit 2.9 times

IBA-Georgia increases profit 2.9 times
# 05 November 2014 10:58 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. According to press service of the International Bank of Azerbaijan, IBA-Georgia’s assets stood at 128.15 mln laris.

 

Loan portfolio made 95.5 mln laris, reserves on loans – 10.71 mln laris.

 

Liabilities reached 100.34 mln laris. Funds in current accounts and deposits rose 3.5 times to 24.34 mln laris. Total capital grew 9.5% to 27.81 mln laris.

 

As at end of the third quarter, interest incomes stood at 4.81 mln laris, profit soared 2.9 times to 2.54 mln laris.

 

IBA-Georgia’s authorized capital makes 22.69 laris. The bank registered in Georgian Ministry of Justice in November, 2006.

 

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