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IBA-Moscow Bank talks goals of its business mission to Azerbaijan

Economy Materials 7 February 2022 09:23 (UTC +04:00)
IBA-Moscow Bank talks goals of its business mission to Azerbaijan

BAKU, Azerbaijan, Feb. 7

By Sadraddin Aghjayev – Trend:

Representatives of IBA-Moscow Bank held meetings with financial institutions of Azerbaijan during their recent visit to Baku, Tamilla Doroshenko, director of the bank's correspondent accounts and international operations department, told Trend.

According to Doroshenko, the purpose of the visit was to solve business problems with partners of the IBA-Moscow Bank, as well as to discuss issues of cooperation on products to support foreign trade operations between Azerbaijan and Russia.

"During the business visit, we discussed with partners the prospects for cooperation and further development of partnerships, business development plans for Russian and Azerbaijani entrepreneurs, and the role of the bank in helping businesses enter the foreign economic market," she added.

IBA-Moscow Bank ended 2021 with a preliminary net profit of over 74 million Russian ruble ($970.7 million - at the exchange rate of the Central Bank of Azerbaijan as of February 5, 2022). Exact figures will be announced in April 2022 after audit confirmation.

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