On February 7th the National Bank of Azerbaijan will host presentation of a license for the activities of the International Bank of Azerbaijan-Georgia, NBA informed Trend.
The Bank purchased an office building in Georgia. IBA-Georgia will allocate $200mlb to Georgia for the construction of the Georgian section of the Baku-Tbilisi-Kars route.
This is the first Azerbaijani bank, which decided to participate in the Georgian banking market. After the issue of the license the Bank will set up its activities officially.