OREANDA-NEWS. February 11, 2014. Assets of the International Bank of Azerbaijan (IBA) increased by 21.7% in 2013.

The IBA press service informs that as of 1 January2014 they reached AZN 7.17 bn.

IBA’s loan portfolio increased by 30.5% compared to early 2012 and amounted to AZN 5.03 bn by 1 January 2014. Loans given to individuals reached AZN 555.3 million.

Retail deposits in the Bank by the end of 2013 amounted to AZN 1.6 bn. Their growth in 2013 made up 22.2%.

IBA total capital reached AZN 903.8 million that is by 25.5% more than by 1 January 2013. Last year Bank’s income amounted to AZN 474.2 million. IBA net profit, according to data by 1 January 2014, amounted to AZN 50.9 million with a rise of 17.3% against 2012. The authorized capital of the IBA was brought to AZN 475.04 million.

The number of active cards issued by the IBA by 1 January 2014 amounted to 2,484,882 cards, cash machines - 690, POS-terminals – 4,951.