Int’l Bank of Azerbaijan has total capital of over AZN 1 bn


July 29, Fineko/abc.az. The International Bank of Azerbaijan reduced its debt on securities in the 2nd quarter of 2021.

ABC.AZ informs that this is stated in the bank's report for the 1st half of 2021.

Thus, the obligations on debt securities decreased by AZN 852.108 million, falling by AZN 769.49 million.

At the end of last year Bank's liabilities on debt securities amounted to AZN 1.6 bn and at the end of the 1st quarter of 2021 – AZN 1.619 bn.

As of 30 June 2021 the IBA had total capital of AZN 1.26 bn.