Bank Of Baku

IBA increases assets 22%

IBA increases assets 22%
# 17 October 2014 09:15 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. As of October 1, 2014, the International Bank of Azerbaijan’s assets rose 22% to AZN 8.39 bln.  

 

Bank says the loan portfolio soared 24.6% to AZN 6.062 bln, loans given to individuals made AZN 639.3 mln.

 

Personal savings stood at AZN 1.601 bln, up 4.9% by contrast to a year earlier.

 

Total capital soared 27.6% to AZN 986.8 mln, authorized capital reached AZN 568.3 mln.

 

Incomes made AZN 438.7 mln, net profit – AZN 44.7 mln.

 

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