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53% of all banking assets concentrated in IBA

Business Materials 16 November 2005 17:16 (UTC +04:00)

52,61% of Azerbaijan’s banking assets or 5,536,215bn manats РјР"СЂРґ was concentrated in the International Bank of Azerbaijan (IBA), the bank told Trend.

The biggest bank of the country is the IBA, which has 45,592% share or 2,480,901bn manats in the total crediting, 77,84% or 3,475,226bn manats in attracting of fund of legal entity, 37,22% or 785,432bn manats in attracting of fund of phisical entities.

The banks ranking from 2 to 5 have 14,97% share or 1,575,208bn manats in assets, 14,43% or 785,282bn manats in crediting, 9,79% or 437,146bn manats in atracting of fund of legal entities, 20,64% or 435,472bn manats in atracting of fund of phisical entities.

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