OREANDA-NEWS. December 6, 2007. Azerigaz Bank JSC will receive a loan (AZN 8 million) from the International Bank of Azerbaijan (IBA) over 2 years. The two organizations approved the deal. The credit will become the biggest one for Azerigaz Bank in its cooperation with IBA (the bank has received several loans from IBA), so the shareholders had to approve it. They also approved the plan to receive a loan of $6 million from the European Bank for Reconstruction and Development.