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IBA-Moscow improves positions on rating "Russian biggest banks in first six months of 2009"

Business Materials 28 August 2009 18:38 (UTC +04:00)

Azerbaijan, Baku, August 28 / Trend /

As of the first six months of 2009, a subsidiary of International Bank of Azerbaijan-Moscow held the 155-th position in RBC rating of "Russian biggest banks in the first six months of 2009", the bank said.

"IBA-Moscow demonstrated impressive dynamics of development by raising 48 positions on the main index 'net assets' in RBC rating, the report said.

As of July 1, the bank's net assets hit 10 901,21 million rubles increased 43.23 percent per year (as of July 1, 2008 - 7 610,94 million rubles).

Positions also improved in RBC rating on certain kinds of activity.

The bank held the 139-th position by hitting the 41-st place on loan portfolio. As of July 1, the bank granted loans to the amount of 6,932 million rubles given growth of 40.19 percent towards the similar period of 2008 (4,945 million rubles).

IBA-Moscow took the 119-th place improved its position for 35 levels on loans to legal entities. The total portfolio of these loans reached 6 153.97 million rubles with a change 42.11 percent per year (4 330.48 million rubles as of July 1, 2008).

The bank reached the 246-th position on the index of deposit portfolio (3 171.51 million rubles), which increased 80.08 percent per year (1,761.13 million rubles was as of July 1, 2008). Dynamics in the rating hits the 119-th position.

IBA-Moscow's rating was improved by 134 positions on deposits of legal entities and the bank rose to the 197-th place. Legal entities' deposits increased 97.18 percent, amounted to 2 457.54 million rubles (1 246.34 million rubles in 2008).

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