IBA sees 23% rise in assets

IBA sees 23% rise in assets
# 18 April 2014 10:30 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. As of April 1, 2014, International Bank of Azerbaijan’s assets stood at AZN 7.648 bln, up 22.8% from previous year.

Bank says loan portfolio rose 28.2% to AZN 5.155 bln. Loans given to individuals made AZN 557.2 mln.

Personal savings made AZN 1.542 bln, up 8.7% by contrast to a year earlier.

Total capital surged 27.1% to AZN 950.6 mln.

Authorized capital reached AZN 499.8 mln, incomes – AZN 143.97 mln, net profit – AZN 12.3 mln.

Bank has 2,041,206 active plastic cards. The bank operates 697 ATMs and 5,123 POS-terminals.

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