International Bank of Azerbaijan’s assets grow 22.7% last year
22.01.2015 17:00
The International Bank of Azerbaijan (IBA) said its assets rose by 22.7 percent last year to 8.8 billion manat ($11.2 billion).
IBA, which is Azerbaijan’s largest lender, said its credit portfolio expanded in 2014 by 16.6 percent to 5.9 billion manat.
The bank’s statutory capital grew to 586 million manat last year and net profit amounted to 64.5 million manat.
ANN.Az
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