IBA-Moscow ranks among Russia’s biggest banks
BAKU – IBA-Moscow, a subsidiary of the International Bank of Azerbaijan (IBA), entered the RBC agency’s rating of the biggest banks in Russia in the first half of 2010, the bank said.
The bank took the 141st place by net assets (over 15.050 billion rubles). Among Russian banks IBA-Moscow ranked 274th by liquid assets (723.49 million rubles); 127th by credit portfolio (7.729 billion rubles); 161st by retail loans (1.076 billion rubles); and 116th by corporate loans (6.652 billion rubles). It stood 220th by deposit portfolio (4.940bn rubles); 297th by retail deposits (1.248bn rubles) and 164th by corporate deposits (3.691bn rubles).
IBA-Moscow is the first and only bank with full Azerbaijani capital operating in Russia.
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