OREANDA-NEWS. August 15, 2011. The Central Bank of Azerbaijan has published a report on financial stability in the first half of 2011.

In the report the CBA concludes that in the first half of 2011 net profit of the International Bank of Azerbaijan (IBA) increased unexpectedly by 53.7%.

At that, for this reported term net profit of the entire banking sector decreased by 1.6% to 69.4 million manat and retained earnings by 7% to 75.1 million manat.