IBA strengthens its capital position

IBA strengthens its capital position
# 16 July 2018 08:19 (UTC +04:00)

As of July 1, 2018 International Bank of Azerbaijan’s (IBA) assets stood at AZN 7.62 billion, loan portfolio at AZN 1.68 billion.

Bank says the personal savings made up AZN 1.26 billion, corporate customers’ funds – AZN 2.63 billion.

Capital position strengthened, including total capital increased by AZN 238 million to AZN 762 million, capital adequacy ratio (CAR) rose to 25.9%. As of July 1, 2018 authorized capital stood at AZN 1.22 billion.

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THE OPERATION IS BEING PERFORMED