Net income of the International Bank of Azerbaijan on the basis of 2012 increased by 80%
Net income of the International Bank of Azerbaijan (IBA) on the basis of 2012 amounted to 43.4 million manat, increasing compared to the corresponding figure in 2011 by 80 percent, according to the press service of the bank.
IBA income increased during the year by 7.1% and as of January 1, 2013 by 377.8 million manat.
International Bank of Azerbaijan (IBA) was founded in January 1992 and is the largest bank in the country. The main shareholder is the government of Azerbaijan, which owns 50.2 percent of the shares, 49.8 percent owned by private individuals and legal entities. - 15D -
Economics
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