IBA’s assets reach AZN 9 bln

IBA’s assets reach AZN 9 bln
# 22 January 2015 10:35 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of January 1, 2015, the assets of International Bank of Azerbaijan stood at AZN 8.8 bln, up 22.7% from previous year.

Bank says the loan portfolio rose 16.6% to AZN 5.868 bln, loans given to individuals amounted to AZN 678.5 mln.

Personal savings made AZN 117.3 mln. Total savings were equal to AZN 1.730 bln.

Total capital reached AZN 1,008.4 mln, authorized capital makes AZN 590.2 mln.

Incomes stood at AZN 585.8 mln, net profit – at AZN 64.5 mln.

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