IBA-given loans exceed AZN 2 bn - Report

12:30 - 21.01.2020


January 21, Fineko/abc.az. IBA's total assets grew by AZN 1.29 bn up to AZN 9.223 bn, including loans to customers increased by AZN 451.95 million up to AZN 2.374 bn in 2019 (versus 2018).

ABC.AZ reports that this data is covered by IBA’s financial indicators for 2019.

According to the report, last year IBA's total deposit portfolio grew by AZN 1.28 bn (29.3%) up to AZN 5.635 bn, including deposits of legal entities by AZN 1.228 bn (38.1%) up to AZN 4.447 bn, retail deposits by AZN 48.727 million (4.3%) up to AZN 1.187 bn.

As of 31 December 2019 IBA's total capital amounted to AZN 1.13 bn.

By Elmir Murad

 

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