IBA's profit exceeds 6 million manat in first quarter

As a result of 2011, net profit of the International Bank of Azerbaijan (IBA) hit 6.608.260 manat, the bank said.

The total revenues amounted to 84.591.000 million manat and expenditures - 77.980.000 million manat.

The first quarter was completed with assets worth 4.697.600 million manat compared to 5.527.920 million manat as of late 2010. The bank's loan portfolio for the reporting period amounted to 2.879.700 million manat.

The IBA total commitments amounted to 4.015.200 million manat.

The bank's deposit portfolio hit 1.911.100 million manat in the first quarter.

The aggregate capital of the International Bank was formed at the level of 514.98 million manat, including the authorized capital - 240 million manat.
ROA index is 0.03 percent, ROE - 0.25 percent.


/Trend/