Azerbaijan, Baku, Jul.15 / Trend /
The International Bank of Azerbaijan (IBA) subsidiary company has entered "The most reasonable rates on ruble deposit" ranking compiled by the RosBusinessConsulting Ratings (RBC Ratings) as of July 10, 2009.
The most reasonable rates on ruble deposit for 12 months ranking:
- deposit with minimum amount of up to 100,000 rubles -- Top 100: IBA-Moscow occupied 26th position (Summer gifts deposit)
- deposit with minimum amount of above 700,000 rubles -- Top 90: IBA Moscow occupied 7th position (Summer gifts deposit)
The most reasonable rates on ruble deposit for 36 months ranking:
- deposit with minimum amount of up to 100,000 rubles -- Top 40: IBA-Moscow occupied 36th position (Income deposit)
- deposit with minimum amount of above 700,000 rubles -- Top 30: IBA Moscow occupied 25th position (Income deposit)
As of 2008, deposit portfolio has increased by 103 percent to roughly 590 million rubles. Funds of clients (individuals) have increased by 88 percent to 726 million rubles.
IBA-Moscow is a subsidiary company of the International Bank of Azerbaijan, operating as the first and only bank with 100 percent of Azerbaijani capital in Russia.