Azerbaijan, Baku, March.04 / Trend /
The International Bank of Azerbaijan-Moscow ( IBA-Moscow) drew an inter-bank loan from the VTB BANK (FRANCE) SA in the amount of $6 million, the bank reported.
The loan was granted for a period of 360 days by Feb. 21, 2011 with interest payments at the end of the period with a rate of LIBOR +5 percent per annum.
As for Jan.01, 2010 the bank's assets totaled 15.29 billion rubles, its capital - 1.09 billion rubles and its liquidity ratio - 1.97.
IBA-Moscow is a subsidiary of the International Bank of Azerbaijan, the first and only bank to have entirely Azerbaijani capital, carrying out its activities on the Russian territory.
Do you have any feedback? Contact our journalist at: firstname.lastname@example.org