Azerbaijan, Baku, June 1 / Trend /
A subsidiary of International Bank of Azerbaijan "IBA-Moscow" introduced a new deposit - "Summer rate" for 12 months, with higher interest rates, gifts to depositors and the possibility of early termination of the contract, while maintaining profitability, the bank said.
Last year, the amount of the deposit portfolio increased by 103 percent, amounting to 590 million rubles. Customers' funds were increased by 88 percent up to 726 million rubles.
"IBA-Moscow is a subsidiary of International Bank of Azerbaijan, the first and only bank with full Azerbaijani capital, carrying out its activities on Russian territory.