IBA-Moscow’s branch sees 50.2% rise in assets

As of July 1, 2012, the assets of IBA-Moscow’s Yekaterinburg branch rose 50.2% to RR 1,490.5, International Bank of Azerbaijan press service reported.

The balance profit on first half of this year rose 98.2% to RR 51.2.Loan portfolio made RR 1,268.7 mln up 39% from year earlier. Of this, RR 1,214.1 mln belonged to legal entities and private entrepreneurs, RR 54.6 mln – to individuals. Small and medium business crediting rose 25% to RR 615 mln.

The branch has paid RR 6 mln as interest on individuals’ deposits.


/AzerTAc/