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International Bank`s assets hit $6bn

27 October 2009 23:46 (UTC+04:00)
International Bank`s assets hit $6bn
The assets of the largest Azerbaijani bank, the International Bank of Azerbaijan (IBA), hit a 4.7 billion manat ($5.9 billion) mark as of October 1.
In the structure of assets, the loan portfolio of the bank accounted for 75.5%, amounting to 3.596bn manats, including consumer loans worth 345.947 million manats.
As of October 1, IBA`s depositary stocks totaled 1.94bn manats, including 508.092m manats of private individuals` deposits, including on-demand deposits worth 151.582m manats and long-term deposits in the amount of 356.510m manats.

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