OREANDA-NEWS.  February 15, 2012. OJSC " International Bank of Azerbaijan" ( IBA) has solved the issue of capital adequacy.

The IBA reports that the Central Bank of Azerbaijan has allowed credit for AZN 150 million to IBA for a 5-year period. The credit will be counted for the first level capital.

Earlier general meeting of IBA made decision on increase of the bank’s equity capital through additional issue of shares by AZN 100 million- up to AZN 340 million.