Top Azeri bank reports on 2009 performance
The increasing financial performance of the
International Bank of Azerbaijan (IBA) in January-September 2009
had an impact on its indicators of return on assets (ROA) and
return on equity (ROE).
The IBA reports that, in the last nine months, its ROA and ROE made up 0.7% and 5.3% respectively.
Currently, the IBA has the largest capital stock in the country. This year, its capital stock has increased to 200 million manats, or $248.9 million.
As of October 1, IBA`s total capital was at the level of 452.1 million manats ($562.7 million).
The IBA reports that, in the last nine months, its ROA and ROE made up 0.7% and 5.3% respectively.
Currently, the IBA has the largest capital stock in the country. This year, its capital stock has increased to 200 million manats, or $248.9 million.
As of October 1, IBA`s total capital was at the level of 452.1 million manats ($562.7 million).
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