Assets of reorganized Int’l Bank of Azerbaijan brought up to AZN 7.62 bn


July 16, Fineko/ Assets of the International Bank of Azerbaijan (IBA) totaled AZN 7.62 bn as of 1 July 2018.

The IBA reports that in the 1st half of 2018 its loan portfolio amounted to AZN 1.68 bn.

"By the end of the reporting period the volume of retail deposits at the Bank amounted to AZN 1.26 bn, and corporate clients’ deposits AZN 2.63 bn," the IBA said.

The IBA increased its equity capital for the 1st half of the year. Thus, Bank’s total capital increased by AZN 238 million up to AZN 762 million. Capital adequacy ratio has grown up to 25.9%. As of 1 July IBA equity capital reached AZN 1.22 bn.