OREANDA-NEWS. January 31, 2013. Deposit portfolio of the International Bank of Azerbaijan (IBA) as of January 1, 2013 amounted to 2,705 billion manats, being increased, in regard to January 1, 2012, by 195,7 million manats, according to the report of the press service of the bank.

Deposits of population tothe bank as of the beginning of 2013 amounted to 1,32 billion manats. Their growth in relation to 1 January 2012 was 36.3%.

International Bank of Azerbaijan(IBA) was founded in January 1992 and is the largest bank in the country. The main shareholder of the bank is the Government of Azerbaijan, which owns 50,2 percent of shares, 49,8 percent is owned by natural and legal persons.