Azerbaijan, Baku, Dec. 17 / Trend /
A subsidiary of International Bank of Azerbaijan "IBA-Moscow" joined RBC rating "Largest banks of Russia: results of 9 months of 2010", ranking 143rd on net assets, the bank said.
IBA-Moscow's net assets increased by 58.4 percent from 10,346,13 rubles in the third quarter of 2009 up to 16,387,83 rubles for the third quarter of this year.
Liquid assets of the bank increased by 166.39 percent from 302.03 million rubles in the third quarter of 2009 up to 804.59 million rubles in the third quarter of this year. The bank has ranked 242nd on this index.
The bank has ranked 128th on the amount of credit portfolio. The portfolio growth was 15.87 percent and 7,903.46 million rubles for the third quarter of this year.
The bank ranked 111th on the loans to legal entities and 175th - the loans to physical entities.
IBA-Moscow is a subsidiary of the International Bank of Azerbaijan. It is the first and only bank in Russia with 100-percent Azerbaijani capital. It operates in Russia.