IBA's total incomes hit AZN 120.6m

The IBA head office told APA that the bank's profit made AZN 26.4m in this period.

The above indictors grew by 216% and 238% as against 2003.

According to the results of the past three quarters, the Bank assets rose 23.7% from early year to AZN 1 416 900. As of November 1, the bank allowed loans of AZB 960m which is a 3.5 times rise as against 2003.

Besides, the IBA has recently signed a syndicated loan agreement in the amount of $130m.

As of November 1, deposits made by individual and legal entities constituted AZN 1 231 600.

Deposits of 239 600 were made during past ten months. This indicator is a 180% rise on the same period 2003.