OREANDA-NEWS. November 10, 2010. International Bank of Azerbaijan has achieved phenomenal recognition of its authority by the magazine “The Banker”, reported the press-centre of International Bank of Azerbaijan.

As stated by the Chairman of IBA, Jahangir Gajiyev, this year “The Banker” for the second year running included the International Bank of Azerbaijan to the leading thousand of credit institutions in the world.

“In terms of profit indices to average capital that we have 64%, the IBA was generally recognized as the second bank in the world” - said Gajiyev.