Capital of Int`l Bank of Azerbaijan has increased


July 22, Fineko/abc.az. The International Bank of Azerbaijan has announced the results of its activity as of 30 June 2019.

For Q1 of 2019 IBA’s assets amounted to AZN 8.487 bn (11.5% more versus the 2018 same term).

Bank’s loan portfolio reaches AZN 2.16 bn (20% more against last March) and deposit portfolio for one year increased by 22% up to AZN 4.625 bn for the 1st half of the year.

IBA’s total liabilities of 2019 grew by 9.2% up to AZN 7.17 bn versus the 2018 same term. And Bank’s total capital for the year increased by 23.7% up to AZN 1.469 bn.