Bank Of Baku

IBA-Moscow gets 24% growth in assets

IBA-Moscow gets 24% growth in assets
# 24 July 2013 10:49 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of July 1, 2013, subsidiary organization of the International Bank of Azerbaijan in Russia IBA-Moscow’s assets stood at RR 30,857 mln (AZN 740.6 mln), up 24% from previous year. IBA says total capital rose 24% to RR 2,622 mln (AZN 62.9 mln).

 

Total incomes soared 23% to RR 1,653.2 mln (AZN 36.7 mln). At the same time, interest incomes made RR 545.2 mln (AZN 13.1 mln), non-interest incomes – RR155.2 mln (AZN 3.7 mln).

 

Note that during the first half of 2013, IBA-Moscow issued bonds in the worth of RR 3 bln (AZN 72 mln). 

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