Profit of International Bank of Azerbaijan rose by 16,7%
Baku, Fineko/abc.az. Following the first half of 2012 the profit of OJSC International Bank of Azerbaijan ( IBA) made AZN 16.82 million rising by 16,7% versus the first half of 2011.
The banks press service reports that the IBAs profit rose by 5% in a year and totaled AZN 179 million by 1 July 2012. As of 1 July 2012 the banks ROA made 0,34% and ROE – 3,9% versus 0,11% and 1,24% respectively by 1 July 2011.
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