Bonds of IBA Subsidiary Included in the Bank of Russia Pawnshop List

Bonds of the subsidiary of the International Bank of Azerbaijan - IBA-Moscow have been included in the Bank of Russia Pawnshop List

As reported in the bank, now the IBA-Moscow bonds can serve as collateral for credit institutions on pawnshop credits of the Central Bank of the Russian Federation.

Department of External and Public Relations of the Bank of Russia informs that in accordance with the decision of the Board of Directors of the Bank of Russia (Minutes of the Board of Directors of the Bank of Russia on August 9, 2013 number 17) in the Bank of Russia Pawnshop List included as securities bonds Bank IBA-MOSCOW LLC having state registration number 40103395V.

It is important to note that the Pawnshop List is a list of bond issuers with credit quality is considered CBR as sufficient to serve as collateral for the provision of funds to banks as part of the refinancing of the banking system. Now the bonds of the Bank IBA-Moscow can serve as collateral for credit institutions as pawnshop credit of the Central Bank of the Russian Federation.

Earlier, in June this year, the Bank IBA-Moscow posted a bond loan of 3 billion rubles of the Russian Federation and the international rating agency Fitch, in turn, assigned the bond issue a final rating level "BB" (stable). The issue has been provided in the form of an irrevocable offer of OJSC International Bank of Azerbaijan (Baku, Azerbaijan). In July 2013 the MICEX Stock Exchange in the unlisted securities began trading bonds of Bank IBA-Moscow LLC first released (GRN 40103395V from 19.12.12). -15D -