IBA grew by a quarter

BAKU/25.10.13/TURAN : Assets of the International Bank of Azerbaijan ( IBA) is increased relative to the third quarter of 2012 by 25 %, and as of October 1, 2013 reached 6.88 billion manat, the press service of the bank.

The credit portfolio of IBA increased in relation to the third quarter of 2012 by 35 % and by 1 October 2013 amounted to 4.863 billion manat. Loans to individuals amounted to 540.4 million manat.

Deposits in banks in the third quarter of 2013 amounted to 1.526 billion manat. Their growth in relation to the October 1, 2012 was 35%.

The total capital of the bank amounted to 773.5 million manat, which is 30.2 % higher than at October 1, 2012 . The authorized capital of IBA increased to 368.33 million manat. Net income IBA according to October 1, 2013 totaled 36.6 million manat.

The number of active cards of IBA, according to October 1, 2013, totaled 1,977,472 units, ATMs - 683, POS- terminals - 4,907. -15D -

 

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