IBA-Georgia ends Q1 on profit

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# 14:58
17 May 2017

International Bank of Azerbaijan-Georgia’s (IBA-Georgia) assets in the first quarter reached GEL 109,121406, up 3.73% or GEL 3,928,457 from previous year.

 

Bank says the loan portfolio declined 53.64% or GEL 38,713,833 to GEL 33,459,992, liabilities amounted to GEL 69,943,672, deposit portfolio reached GEL 40,853,710.

 

Authorized capital remained unchanged at GEL 22.688 million, total capital increased 28.79% or GEL 8,758,950 to GEL 39,177,734.

 

Bank ended the first quarter of 2017 on profit in the amount of GEL 1,754,001. 

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